MCA Realty Acquires 138K-SF West Valley Distribution Center in Kent, Washington

MCA Realty Acquires 138K-SF Seattle-Area Industrial Portfolio
CRE Market Beat Take
A fund-backed, value-add acquisition in the Kent Valley underscores ongoing investor conviction in infill Seattle industrial, even without disclosed pricing, and highlights active asset management as a key return driver.

MCA Realty, Inc., a California-based real estate investment company, has expanded its industrial holdings in the Seattle metropolitan area with the purchase of the West Valley Distribution Center in Kent, Washington. The asset is a three-building, multi-tenant industrial portfolio totaling 138,296 square feet.

The property was acquired from Tamarisk West Valley LLC using capital from MCA Realty Industrial Growth Fund II. With this transaction, MCA Realty now owns three industrial properties totaling 268,843 square feet across the Seattle MSA, underscoring the firm’s ongoing focus on institutional-quality industrial assets in the region.

Newmark advised on the transaction, with Andrew Briner, Aaron Banks and Kevin Shannon representing both MCA Realty and the seller. Their role encompassed investment sales advisory for the disposition and acquisition of the West Valley Distribution Center, highlighting the continued presence of national brokerage platforms in Pacific Northwest industrial trades.

Post-acquisition, MCA Realty plans a series of upgrades at the West Valley Distribution Center. The firm intends to implement significant exterior and interior improvements, as well as reconfigure suites within the three-building complex. These planned improvements are aimed at enhancing the functionality and competitiveness of the multi-tenant industrial space within the Kent Valley submarket.

Commenting on the strategy, Tyler Mattox, Principal at MCA Realty, noted that the acquisition is aligned with the company’s outlook on the Kent Valley as an enduringly attractive location for industrial users. He cited the property’s infill positioning, the durability of tenant demand in the area and the perceived upside potential as key drivers for bringing the asset into the firm’s portfolio.

On the leasing front, Newmark’s Taylor Hoff and Thad Mallory have been retained to oversee leasing responsibilities at the property. Their assignment will focus on marketing the reconfigured suites and maintaining occupancy across the three-building industrial portfolio as MCA Realty executes its improvement program.

The transaction adds another stabilized but upgradeable industrial asset to MCA Realty’s regional footprint and reflects continued investor interest in well-located, multi-tenant industrial properties within the Seattle MSA. While financial terms of the deal were not disclosed, the acquisition through an institutional growth fund structure and the planned capital improvements signal an active asset management approach in a market characterized by sustained industrial demand.

In a broader industry context, the activity around the West Valley Distribution Center aligns with ongoing investor and occupier attention on West Coast industrial markets. Stakeholders continue to monitor how capital deployment, leasing strategies and targeted renovations in key submarkets such as Kent Valley shape performance across existing distribution and logistics facilities.

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