SAN DIEGO – October 4, 2018 – Sunroad Enterprises and Majestic Realty Co. broke ground today on Majestic Sunroad Center, a new Class-A, three-building, industrial development located in San Diego’s Otay Mesa neighborhood. City of San Diego Mayor Kevin L. Faulconer celebrated the groundbreaking alongside dozens of community and business leaders eager to bring a new project that will support growing businesses and meet current market demand for industrial...
REDLANDS, Calif. A final piece of the 110-acre, mixed-use development that includes the highly successful Mountain Grove and Citrus Plaza retail centers has officially broken ground with Majestic Realty Co.’s Summit Apartments. Located at the northwest quadrant of the Foothill (I-210) and San Bernardino (I-10) freeways, the multi-family component will include a 17 building, three-story, 281-unit garden walk up apartment complex featuring one, two, and...
AURORA, CO – Majestic Realty Co. today announced the addition of Michael Kapoor to its development team at the Majestic Commercenter. An attorney with experience across commercial real estate business and legal elements, Kapoor will serve as an ownership representative and help manage and grow the company’s portfolio at the 1,500-acre industrial park located at the intersection of I-70 and Tower Road in Aurora. Kapoor joins Majestic from the Brownstein Hyatt...
LAS VEGAS – With three new lease agreements at its Las Vegas Digital Exchange Campus/Beltway Business Park (LVDEC/BBP), taking both its current warehouse inventory in the park and throughout the 5.6 million-square-foot Las Vegas portfolio to full occupancy, Majestic Realty Co. will break ground on a nearly 230,000-square-foot speculative property, according to company officials. Set to break ground this July at the intersection of Decatur Blvd. and the Las Vegas...
DOLLAR GENERAL TO EXPAND DISTRIBUTION OPERATIONS AT TEJON RANCH COMMERCE CENTER (TRCC) Dollar General leases additional space in new industrial building developed by Tejon Ranch Co. and Majestic Realty Co. TEJON RANCH, Calif. (March 26, 2018) – The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced major discount retailer Dollar General (NYSE: DG) is leasing more than 240,000 square feet of warehouse space in a new building the...
LAREDO, Texas – With a significant 2017 lease in its initial building and a strong level of interest for the remaining available space, Majestic Realty Co. is moving ahead with plans to develop its next warehouse building at Port Grande. The company’s 200,000 square feet of space in Building #1 represents the largest block of available space in the market. However, strong market activity and economic conditions are triggering the developer’s decision to continue...
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