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In a Las Vegas industrial purchase, MCA Realty paid $4.25 mil in an off-market transaction for a 32k sf ($133/sf) uilding at 2124 Industrial Rd. The single-tenant property was acquired within the firm’s MCA Realty Industrial Growth Fund II, the first acquisition with this fund.
2124 Industrial Road is 100% leased to Hajoca Corporation, the parent company of Kelly’s Pipe & Supply Company. Built in 1962, the property is located less than one mile from the I-15 Freeway and is proximate to the Las Vegas Strip.