Majestic Realty Co. expands investment in Tejon Ranch with 4th joint venture partnership in past 5 years

Majestic Realty Co. expands investment in Tejon Ranch with 4th joint venture partnership in past 5 years

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...
KAYLA WILKIE EARNS CONNECT MEDIA NEXT GENERATION AWARD

KAYLA WILKIE EARNS CONNECT MEDIA NEXT GENERATION AWARD

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...
Majestic Sunroad Center Reaches 100% Occupancy

Majestic Sunroad Center Reaches 100% Occupancy

Colliers San Diego’s Industrial Team secures four tenants for nearly completed, new industrial business park in Otay Mesa SAN DIEGO – April 7, 2021 – Colliers San Diego Region announces that Majestic Sunroad Center in San Diego’s Otay Mesa neighborhood has reached full occupancy following the recent consummation of four lease transactions prior to the completion of construction. “We are excited to welcome four great companies to Majestic Sunroad Center,” said Tom...
Majestic Commercenter lease agreements totaling 420,000 SF push vacancy to 4% sparking next speculative development

Majestic Commercenter lease agreements totaling 420,000 SF push vacancy to 4% sparking next speculative development

AURORA/ADAMS COUNTY, CO – Five lease agreements secured over the past 60 days, including one renewal and four new tenants totaling 420,000 square feet, continue to push occupancy at the Majestic Commercenter (MCC) to near capacity. With low inventory levels, Majestic Realty Co. has initiated the next phase of new construction at the business park located at the northeast quadrant of I-70 and Tower Road. Agreements completed over the past 60 days include:...

Majestic Realty completes largest single lease transaction in Laredo since 1999

500K SF Mattel building set to become new home to JAMCO Group LAREDO, Texas – In what amounts to the largest single lease transaction in south Texas since 1999, Majestic Realty Co. announced that it has signed a long-term lease with The JAMCO Group to occupy all 500,000 square feet of a building that Majestic originally completed as a build-to-suit for Mattel, Inc. who has occupied it since that time. It was the largest building ever constructed in Laredo and it...

Developers Break Ground On Landmark at Otay

845,830-square-foot, four-building spec industrial center comes on the heels of preleases and strong demand at Majestic Sunroad Center SAN DIEGO – Jan. 28, 2021  – With preleases and strong tenant demand quickly absorbing Majestic Sunroad Center, the recently completed 227,268-square-foot, three-building speculative development is nearing full occupancy. As a result, the Majestic Sunroad partnership has broken ground on its next major Otay Mesa industrial...