TEJON RANCH CO. AND MAJESTIC REALTY CO. JOINT VENTURE ANNOUNCES NEW LEASE AND TENANT AT THE TEJON RANCH COMMERCE CENTER (TRCC)

TEJON RANCH CO. AND MAJESTIC REALTY CO. JOINT VENTURE ANNOUNCES NEW LEASE AND TENANT AT THE TEJON RANCH COMMERCE CENTER (TRCC)

RectorSeal, a leading manufacturer and distributor of industrial components, relocates from the Los Angeles basin to join the growing list of companies moving distribution operations to TRCC TEJON RANCH, CA. (December 4, 2023) – The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has secured a lease, several months in advance of occupancy, with RectorSeal, LLC.  RectorSeal is a leading manufacturer of quality HVAC/R and...
Majestic Realty Co. broadens its footprint in southwest Las Vegas with launch of Arroyo Beltway Commercenter  and two large prelease agreements

Majestic Realty Co. broadens its footprint in southwest Las Vegas with launch of Arroyo Beltway Commercenter and two large prelease agreements

FOR IMMEDIATE RELEASE Sept. 13, 2023 Preleases over 35% of Phase I construction as occupier demand drives growth LAS VEGAS – With construction on the first speculative buildings at its new Arroyo Beltway Commercenter underway in the southwest submarket, Majestic Realty Co. and its joint-venture partner, EJM Development Co., announced the signing of two prelease agreements that will occupy more than one-third of the initial 764,000-square-foot, four-building...
Majestic Realty Co. secures single-tenant prelease for  692,720-square-foot spec building with WebstaurantStore in Reno

Majestic Realty Co. secures single-tenant prelease for 692,720-square-foot spec building with WebstaurantStore in Reno

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...
Developers of San Diego County’s largest industrial project sign one of region’s largest lease agreements in past decade

Developers of San Diego County’s largest industrial project sign one of region’s largest lease agreements in past decade

Lease with R.L. Jones pushes start of Phase III development at 1.1- million-square-foot Landmark at Otay SAN DIEGO – Feb. 6, 2023 – Majestic Realty Co. and Sunroad Enterprises, developers of the largest industrial project in San Diego County, announced today that they have signed a full- building, prelease agreement with R.L. Jones Customhouse Brokers for a 240,975-square-foot spec construction building at Landmark at Otay located at the intersection of SR-905 and...
TEJON RANCH CO. AND MAJESTIC REALTY CO. JOINT VENTURE ANNOUNCE PRE-LEASE OF UPCOMING INDUSTRIAL BUILDING AT THE  TEJON RANCH COMMERCE CENTER (TRCC)

TEJON RANCH CO. AND MAJESTIC REALTY CO. JOINT VENTURE ANNOUNCE PRE-LEASE OF UPCOMING INDUSTRIAL BUILDING AT THE TEJON RANCH COMMERCE CENTER (TRCC)

Major apparel company to relocate and consolidate operations from Los Angeles area TEJON RANCH, Calif. (January 5, 2023) – The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has secured—in advance of construction– a full-building lease of the next industrial facility planned for its growing portfolio of industrial properties. The 446,000-square-foot industrial distribution facility will be occupied by Sunrise Brands, a...
Majestic welcomes Jeffrey R. Staat as EVP, CFO

Majestic welcomes Jeffrey R. Staat as EVP, CFO

Majestic Realty Co. welcomed the addition of Jeffrey R. (Jeff) Staat in November 2022 as its new Executive Vice President and Chief Financial Officer. Jeff joins the Majestic Realty Co. team with more than 23 years of experience in the real estate industry, including 8 years as a partner at Deloitte where he primarily served public and private real estate clients. Jeff steps into the role following the retirement of Mike Durham who retired from the company at the...