MCA Realty Sells Diaz Commerce Center in Orange County for $14M
TEMECULA, CALIF. — MCA Realty has completed the disposition of Diaz Commerce Center, an industrial facility located at 27711 Diaz Road in Temecula. A local investor acquired the asset for $14 million.
The two-building property features 131,577 square feet of multi-tenant industrial space. MCA Realty initially acquired the asset in September 2018 for $10 million. During ownership, MCA implemented an upgrade program including the addition of LED lighting, updated asphalt, increased parking and expanded the fenced yard space.
Scott Stewart of Lee & Associates represented the seller, while Barret Woods, also of Lee & Associates, represented the buyer in the deal.