Tejon Ranch Co. and Majestic Realty Co. Joint Venture Leases Its Newly Completed Industrial

Tejon Ranch Co. and Majestic Realty Co. Joint Venture Leases Its Newly Completed Industrial

  TEJON RANCH, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has completed construction and secured a full-building lease of its 629,274-square-foot industrial distribution facility to an undisclosed major retailer at the Tejon Ranch Commerce Center (TRCC). This latest transaction follows a series of recent deals at TRCC involving four building sites, comprised of more...
845,830 SQFT Landmark at Otay Industrial Park Underway in San Diego

845,830 SQFT Landmark at Otay Industrial Park Underway in San Diego

San Diego, Calif. June 6, 2022 – Colliers is pleased to announce the 476,060 square-foot Phase II build-out of Majestic Realty Co. and Sunroad Enterprises’ highly anticipated Landmark at Otay will officially commence with its pouring of the concrete slabs on Thursday, June 9, 2022. Listed by Colliers’ Chris Holder, Mark Lewkowitz, and Will Holder, the development’s second Phase will comprise two secure freestanding buildings featuring 36’ clear height and trailer...
Landmark at Otay development capitalizing on booming California-Mexico trade

Landmark at Otay development capitalizing on booming California-Mexico trade

The area near the Otay Mesa port of entry continues to be a Southern California industrial real estate hot spot. Developer Majestic Realty Co. has begun construction on the second phase of its Landmark at Otay development being built near the U.S.-Mexico border just south of San Diego. “Demand for real estate in the Otay Mesa area is white hot right now,” Tom Simmons, vice president of Los Angeles-based Majestic Realty Co., told FreightWaves. The San Diego/Otay...
Leatherneck Magazine features The Land of the Free Foundation

Leatherneck Magazine features The Land of the Free Foundation

We’re honored that Leatherneck Magazine is bringing attention to The Land of the Free Foundation and the services it provides to the servicemembers of the past, present, and future, and their families. To read the full article, starting on pg 38, go here – www.tinyurl.com/leatherneck-landofthefree
California Industrial Developer signs major leases, expanding Arizona footprint

California Industrial Developer signs major leases, expanding Arizona footprint

California industrial developer signs major leases, expanding Arizona footprint After landing some major leases in the second quarter of 2021, Southern California-based industrial real estate owner and developer Majestic Realty Co. is continuing to grow its presence in the Phoenix market. In the past two months, Majestic signed leases with tenants to three of its metro Phoenix properties, bringing each of the three to full capacity. In Tolleson, Majestic signed a...

California-based developer adds to its D-FW warehouse program

A California-based developer that’s been expanding its industrial building footprint in North Texas is gearing up for another project. Majestic Realty is planning a two-building, more than 400,000-square-foot warehouse project on West Everman Parkway near Interstate 35W in south Fort Worth. The almost $25 million development would start construction in June, according to planning documents filed with the state. California-based Commerce Construction Co. designed...