Construction Today - Volume 16, Issue 1 - 66

Commercial | MCCARTHY RANCH - MCCARTHY CREEKSIDE INDUSTRIAL CENTER

The McCarthy Creekside Industrial Center
will replace a parcel of McCarthy Ranch
once used for farming in Milpitas, Calif.

«

'Lean and Mean'
MCCARTHY RANCH AIMS TO DELIVER QUALITY WITH A NEW INDUSTRIAL CENTER. BY BIANCA HERRON

M

cCarthy Ranch is a sixth-generation family business that
got its start as a farm and
ranch in the 1800s. COO
Joseph McCarthy Jr. recalls that as a young
child his father, Joseph McCarthy Sr., oversaw the farm and its crops, including pear
trees and a dairy farm.
In the 1980s, McCarthy Sr. transitioned
from a farmer to a real estate developer as
the industry began to take off in the Los
Gatos, Calif.-based company's area. Over
the course of the next 30 years, he would
look into joint ventures and sell parts of the
property to a number of other developers
and companies.
"We were still operating as a farm as late
as 2011," McCarthy Jr. says. "We started
off with almost 1,000 acres; however, the

66

CONSTRUCTION-TODAY.COM VOLUME 16, ISSUE 1

amount of property we were farming was
getting smaller. We weren't the only company in the Silicon Valley going through that
same transition as well.
"At that time, all of the support we
needed to operate a farm was moving out
of the area to Central Valley," he explains. "It
became harder to actually farm the property. We unfortunately had to let go of some
loyal employees and connections when we
terminated our farming operation."
McCarthy started working for the family
business in 2002, focusing on the real estate
as he had no background in farming. "We
started acquiring more land and buildings,
and started focusing more on development," he says. "Most importantly, we
started leveraging the knowledge my dad
had gained over the years in real estate."

McCar y Ranch - McCar y
Creekside Industrial Center
www.mccar yranch.com
* Location: Milpitas, Calif.
* Employees on-site at peak: 100+
* Scope: Two industrial and one etail
building

"We take great pride in is
project and will not cut any
corners."
- Joseph McCar y Jr., COO
Keys To Success

Today, McCarthy Ranch not only develops
its own land, but is focused on developing
and creating properties to hold in its family
portfolio as legacy assets.


http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - Volume 16, Issue 1

Contents
Construction Today - Volume 16, Issue 1 - Cover1
Construction Today - Volume 16, Issue 1 - Cover2
Construction Today - Volume 16, Issue 1 - 1
Construction Today - Volume 16, Issue 1 - Contents
Construction Today - Volume 16, Issue 1 - 3
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