Developer focused on expanding metro footprint with pipeline projects for 2022 and beyond PHOENIX – With multiple new lease agreements secured over the past 60 days, Majestic Realty Co. continues to enhance its presence and fill its development pipeline with additional projects across the Phoenix Metropolitan area. Fueled by strong absorption and user interest throughout the market, the developer’s properties and geographic locations offer cost efficiency and...
TEJON RANCH, CA – With groundbreaking of its third new building and its fourth joint-venture partnership agreement with Tejon Ranch Co. (NYSE: TRC) over the past five years set for this week, Majestic Realty Co., the nation’s largest privately-held developer, continues its bullish view of the massive, state-of-the-art Tejon Ranch Commerce Center (TRCC) development located at the junction of Interstate 5 and Highway 99 just an hour north of the San Fernando...
LOS ANGELES – Kayla Wilkie, Team Leader-Design and Development with Majestic Realty Co., has been named a recipient of Connect Media’s annual Next Generation Awards recognizing young commercial real estate leaders in North America who are making a significant mark in the real estate industry. Wilkie joined Majestic in 2018 and currently leads design and development of various projects in Texas and Nevada including casinos, luxury multifamily, entertainment...
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...
Majestic Realty Co.’s and Sunroad Enterprises’ Landmark at Otay, a four-building industrial center totaling 845,830 square feet, has reached the concrete wall panel tilt-up and roof construction milestone for Phase 1 of the speculative project. Construction commenced in January 2021 and is slated for completion in September 2021. “It’s always exciting to hit these milestone moments in the construction and development process, particularly with the continued...
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