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California  + Bay Area  | 

MCA Realty Acquires Multi-Tenant Industrial Off-Market

MCA Realty, Inc. purchased a multi-tenant industrial building located at 1555 Burke Avenue in San Francisco’s Bayview/Hunters Point submarket for $11 million. The firm acquired the building with its MCA Realty Industrial Growth Fund II in an off-market transaction from a San Francisco-based private investor.

The new ownership plans significant capital improvements to the property, both exterior and interior.  “We acquired the project due to the opportunity to improve its value through making strategic improvements and modernizing the asset,” said Tyler Mattox, principal at MCA Realty.  “We believe in the San Francisco industrial market as it serves as a key hub for innovation-driven commerce and urban logistics and does not have an abundance of small bay industrial space in the urban core.”

Jim Farris of JMF Capital represented MCA Realty in this transaction.  Karl Hansen of CBRE represented the undisclosed seller. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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