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California  + Orange County  + Industrial  | 
MCA Acquires Two-State Industrial Portfolio for $14M

MCA Acquires Two-State Industrial Portfolio for $14M

Orange County-based MCA Realty has purchased a small-bay industrial trio in Sacramento, CA and multi-tenant industrial property in West Valley City, UT for a total price of $13.8 million.  The assets are the firms ninth and tenth acquisitions since deploying the MCA Realty Industrial Growth Fund, LP.

The Sacramento properties comprise a total of 83,000 square feet and are 100% occupied. “We have identified Sacramento as a market with tremendous growth opportunity given its low vacancy of 2.6%, well below the national average,” said MCA Principal Tyler Mattox.

The Utah property is 18,000 square feet and located in an infill industrial park. It is also 100% occupied with a waiting list. “We have targeted the Salt Lake area as a desirable location for expanding our industrial footprint,” commented Mattox. “The Market has been experiencing increasing population, strong rent growth, a 2.2% vacancy rate and high tenant demand.”

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About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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