Wednesday, September 23, 2015

MCA Realty Acquires Two Prime Multi-Tenant Industrial Assets for $36.8 Million in the Inland Empire, CA

Tyler Mattox
Inland Empire, CA – MCA Realty, a full service real estate investment and management company, has acquired two multi-tenant industrial assets totaling more than half a million square feet in the Inland Empire for a combined total of $36.8 million.

“The industrial market in the Inland Empire is performing tremendously well, with extremely low vacancy rates driving up both demand and rental rates for properties throughout the area,” says Tyler Mattox, a Principal at MCA Realty.

“This makes the timing of these acquisitions extremely favorable.  We intend to exploit the potential in these assets, and expect them to deliver long-term, stabilized cash flow.”

The property is located at 1600-2060 Chicago Avenue and 1614-1616 Marlborough Avenue in Riverside, California.

Gary Stache, Anthony DeLorenzo, Michael Kendall, and Darla Longo of CBRE assisted MCA Realty in this transaction. Amos Smith of Walker & Dunlop arranged the acquisition financing for MCA Realty with MidCap Financial.

MCA Realty also acquired a 91,326 square-foot, two-tenant industrial building in Temecula, California for a total of $68.87 per square-foot. The building is located at 43350 Business Park Drive in Temecula, California.

Darla Longo
Scott Stewart of CBRE and Gordon Mize of Lee & Associates assisted MCA Realty in this transaction. Steve Hollister of NorthMarq arranged acquisition financing for MCA Realty with Copper Point Mutual Insurance Company.

MCA Realty's principals, Tyler Mattox, Jared Gordon, and Peter Cheng, have successfully navigated a full spectrum of market conditions, and pride themselves on building and maintaining strong relationships with industry partners. More information is available at

For a complete copy of the company’s news release, please contact:
Lexi Astfalk
Account Executive
Brower, Miller & Cole
895 Dove Street, Third Floor
Newport Beach, CA 92660
p: (949) 955-7940

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