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MCA Realty Nabs Sacramento Industrial Portfolio as Upleg of 1031 Deal
MCA Realty, Inc. acquired three small bay multi-tenant industrial buildings totaling 101,944 square feet and located at 7307, 7321 and 7337 Roseville Rd. in Sacramento. The firm acquired the buildings from Graceada Partners for an undisclosed sum as part of its upleg of a 1031 exchange following the sale of a single-tenant building in Las Vegas.
Anthony DeLorenzo and Matt Post of CBRE represented MCA Realty and Graceada. MCA Realty plans a comprehensive series of capital improvements to the three buildings, which are 89% leased.
“We continue to have conviction in the Sacramento industrial market, where limited new supply and consistently low vacancy rates support long-term fundamentals,” said Tyler Mattox, principal at MCA Realty. “With a vacancy rate of just 3.8% in the submarket for spaces below 50,000 square feet, this high-quality infill asset aligns well with our investment strategy. Its strategic location, institutional-quality construction, and access to a growing regional population make it an attractive addition to our portfolio.”
- ◦Sale/Acquisition
