February 17, 2017
MCA Realty deepened its presence in the Las Vegas market by acquiring the 145,491-square-foot Harmon Warehouse Center and the 29,988-square-foot Gibson Tech Center. The SoCal buyer paid $18.3 million for the separate transactions.
MCA nabbed both assets below replacement cost, “giving us the opportunity to increase value over time,” said Tyler Mattox, MCA Realty Principal. The deals boost MCA’s Las Vegas holdings to nearly one-million square feet across 18 assets.
Harmon Warehouse Center at 4301 and 4325 Valley View Blvd. in Las Vegas was acquired from an institutional investor for $15.2 million. Buyer and seller were represented by Kevin Higgins, Garrett Toft, Zac Zaher, Sean Zaher and Jake Higgins of CBRE.
MCA paid $3.2 million for Gibson Tech Center at 168 N. Gibson Rd. in Henderson, NV. MCA was represented by Ryan Martin, Taber Thill and Patti Dillon of Colliers International.
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