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MCA Acquires Two Industrial Assets

RIVERSIDE, CA—The properties are located in Riverside and Temecula, and will be managed by MCA's new management arm.

By David Phillips | Updated on September 17, 2015

RIVERSIDE, CA—MCA Realty 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.”

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