MCA Realty expands into Sacramento, California and Salt Lake County, Utah markets with purchase of two assets totaling nearly $14 million

 Tyler Mattox

 

 ORANGE COUNTY, CA – MCA Realty, a full-service real estate investment and management company based in Orange County, California, has announced the completion of its ninth and tenth acquisitions since deploying the MCA Realty Industrial Growth Fund, LP.

 The firm’s most recent purchases include a small-bay industrial portfolio in Sacramento, California and a multi-tenant industrial building in Salt Lake County, Utah for a total consideration of $13.8 million.

 According to Tyler Mattox, Principal at MCA Realty, the Sacramento and Salt Lake County properties are the first assets acquired by MCA Realty in their respective submarkets.

 “Both the Sacramento and Salt Lake County markets are displaying favorable long-term outlooks,” says Mattox.

“Even amidst recession conversations, these markets appear resilient, so we are confident about the potential of our latest acquisitions.” 

 The firm has expanded significantly into new markets since deploying its growth fund at the end of 2021.

 Mattox adds. The $50 million fund, raised in just three months, has been utilized to acquire a total of 10 assets to date.

  CONTACT:

 

Katie Haga

The Smart Agency, Inc.

(949) 438-6262

khaga@thesmartagency.com