{"id":1004804338,"date":"2026-07-06T05:54:05","date_gmt":"2026-07-06T13:54:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004804338"},"modified":"2026-07-06T05:54:07","modified_gmt":"2026-07-06T13:54:07","slug":"mca-acquires-seattle-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mca-acquires-seattle-industrial-portfolio\/","title":{"rendered":"MCA Acquires Seattle Industrial Portfolio"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a4bd1f532cd8&quot;}\" data-wp-interactive=\"core\/image\" class=\"aligncenter size-large wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004804341\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/mca-acquires-seattle-industrial-portfolio\/mca-seattle-industrial-portfolio\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/MCA-Seattle-Industrial-Portfolio.jpg\" data-orig-size=\"1096,446\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"MCA-Seattle-Industrial-Portfolio\" data-image-description=\"&lt;p&gt;Image sent to Briefs&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;MCA Realty plans to upgrade the interiors and exteriors of the three industrial facilities it purchased. Image courtesy of MCA Realty&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/MCA-Seattle-Industrial-Portfolio.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" height=\"417\" width=\"1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/MCA-Seattle-Industrial-Portfolio.jpg?w=1024\" alt=\"An aerial photo of the three industrial facilities purchased by MCA Realty\" class=\"wp-image-1004804341\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/MCA-Seattle-Industrial-Portfolio.jpg 1096w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/MCA-Seattle-Industrial-Portfolio.jpg?resize=300,122 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/MCA-Seattle-Industrial-Portfolio.jpg?resize=768,313 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/07\/MCA-Seattle-Industrial-Portfolio.jpg?resize=1024,417 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">MCA Realty plans to upgrade the interiors and exteriors of the three industrial facilities it purchased. <em>Image courtesy of MCA Realty<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>MCA Realty has acquired a three-building, 138,296-square-foot multi-tenant industrial portfolio in Kent, Wash. The assets traded for a total of about $20.6 million, according to Yardi Matrix, and the seller was Westcore Properties.<\/p>\n\n\n\n<p>The move came as part of MCA Realty&#8217;s Industrial Growth Fund II. The new owner plans to make significant exterior and interior renovations.<\/p>\n\n\n\n<p>The buildings traded for $9.9 million and $10.7 million respectively. The deal brings MCA&#8217;s Seattle-area industrial\u00a0portfolio\u00a0to 268,843 square feet.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO: <\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/what-amazons-supply-chain-push-means-for-industrial\/\">What Amazon\u2019s Supply-Chain Push Means for Industrial<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Built in 1978, the two buildings at 19026-19042 72nd Avenue South feature 14- to 30-foot clear heights and 1.5\/1,000 parking. They are currently 76 percent leased to four tenants. <\/p>\n\n\n\n<p>The adjacent building at 19030 West Valley Highway, also built in 1978, features a 24-foot clear height, 10 dock-high doors and two grade-level doors. It is 38 percent leased.<\/p>\n\n\n\n<p>The assets offer access to Interstates 5 and 405, along with Washington\u00a0State Route\u00a0167, as well as the Ports of Seattle and Tacoma and Seattle-Tacoma International Airport.<\/p>\n\n\n\n<p>The three buildings can accommodate a range of users from 4,000 square feet to 40,000 square feet, with Newmark tasked to oversee leasing at the property. Newmark Executive Managing Director Andrew Briner, Associate Director Aaron Banks and Co-Head of U.S. Capital Markets Kevin Shannon represented both MCA Realty and the seller in the transaction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-supply-takes-its-toll-in-seattle\">Supply takes its toll in Seattle<\/h2>\n\n\n\n<p>Demand softened in the first quarter of 2026, with net absorption of Seattle-area industrial at a negative 542,107 square feet, and total availability rising to 12.8 percent, up from 10.4 percent at the start of 2025, according to Newmark data. <\/p>\n\n\n\n<p>Development continued to outpace tenant demand across the region, with speculative deliveries pushing the Puget Sound total vacancy rate to 9.7 percent, up from 7.9 percent during the first quarter of 2025.<\/p>\n\n\n\n<p>However, MCA Realty Principal Tyler Mattox said in a statement that he predicts the Kent Valley market\u2014along with the greater Seattle region\u2014will benefit from future rental growth and constrained new industrial supply.<\/p>\n\n\n\n<p>And investors are on the hunt in the market, especially for value-add properties. Late last year, Terreno Realty Corp. paid $27.1 million for a <a href=\"https:\/\/www.commercialsearch.com\/news\/terreno-buys-seattle-area-facility\/\">121,000-square-foot warehouse<\/a> in Tukwila, Wash. One company fully leases the building until early 2027. Upon termination, Terreno plans to renovate the property and market it for one to four tenants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The buyer plans to renovate the assets.<\/p>\n","protected":false},"author":1023,"featured_media":1004804340,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,1610,15],"tags":[34037,50999,34163],"class_list":["post-1004804338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-seattle","category-west","tag-mca-realty","tag-newmark","tag-westcore-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MCA Acquires Seattle Industrial Portfolio - 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