694,400-square-foot spec building currently available with spec and build-to- suit sites remaining across the 290-acre master-planned park CITY OF INDUSTRY, CA – Majestic Realty Co. announced today a long-term lease agreement with Win.IT America, Inc. for the 606,480-square-foot Building #5 at its 290-acre Grand Crossing South master-planned business center. The agreement marks the second full-building lease Majestic has secured with the cross border, e-commerce...
Four-buildings, encompassing more than 430,000 square feet, set to break ground in early 2025 LAS VEGAS – With nine (9) fully-executed leases taking down more than 80% of its recently completed 764,000-square-foot Phase I speculative development, Majestic Realty Co. and joint-venture partner EJM Development Co. unveiled plans for their 436,130-square-foot, four-building Phase II at the Arroyo Beltway Commercenter. At more than three-quarter of a million square...
City of Industry, CA – Majestic Realty Co.’s board of directors has added the role of president to CEO Reon Roski’s title and responsibilities for the nation’s largest, privately-held development company. Roski, named CEO of Majestic Realty Co. in June 2022, is responsible for day-to-day operations and the continued growth of Majestic’s diverse, 90-million-squre-foot portfolio that includes industrial, office and retail space, as well as sports, entertainment and...
Developer nears completion of additional spec to help feed market demand RENO, NV – March 6, 2023 – With completion of its 692,720-square-foot speculative building in the Tahoe Reno Industrial Center set for this month, Majestic Realty Co. today announced that it has signed a full building, prelease agreement with WebstaurantStore, the largest online restaurant supply store servicing professionals and individual customers worldwide. In addition, Majestic is...
Business is good at the Otay Mesa port of entry, California’s largest commercial land border crossing, which tallied $62.4 billion in trade in 2022, a 12.7% year-over-year (y/y) increase compared to 2021. The Otay Mesa port of entry is just south of San Diego along the border across from Tijuana, Mexico. The growth of trade at Otay Mesa has been spurred by the nearshoring of manufacturing and supply chains from Asia into Mexico, which is creating a surge in demand...