MDH Partners Expands into California with Riverside Industrial Buys

MDH Partners recently acquired two leased industrial business parks totaling 210,657 square feet at MS Northgate and MS Van Buren I in Riverside, CA. This deal also represents MDH Partners’ first expansion into California. Georga Rowe, managing director at MDH Partners, sourced the deal and led the acquisition process. 

MS Northgate is a two-building property constructed in 2017 at the corner of Marlborough Avenue and Northgate Street in the Hunter Park neighborhood. Approximately 10 miles south of MS Northgate, Van Buren I is a 147,612-square-foot three-building industrial project with many notable corporate neighbors such as Amazon, Pepsi, Sysco and UPS.

“The acquisition of the Silagi portfolio marks an important milestone for MDH Partners as we enter the Southern California industrial market for the first time,” said Rowe. “There is insatiable demand and tight industrial inventory in the region as momentum continues to build, and this portfolio offers unmatched locations and distribution capabilities for industrial users in the Inland Empire. We look forward to continuing our strategic expansion into new markets as we grow our footprint along the West Coast.”

Silagi Development & Management Inc. was the seller of the industrial facilities. Mario Calvillo, partner of Lee & Associates Riverside office, represented the seller.