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6/05/18
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MCA Business Center, a newly constructed 143.2k sf industrial building in Temecula, sold for $16.85 mil, or $118/sf. The property, located at 41573 Dendy Pkwy, was sold by MCA Realty Inc.
The building was purchased by Western Plastics, who plans to occupy the newly completed project immediately. The building will serve as the company’s corporate headquarters.
Scott Stewart of Lee & Associates Temecula Valley and Roger Carlson of CBRE, represented the seller in the deal. Stan Nowak and Cody Lerner of Avison Young repped the buyer. According to Stewart, this is MCA Realty’s first ground-up development in Southwest Riverside County, and the first ground-up project to be delivered in Temecula in over a decade.
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