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...

Laredo Council Approves tax deal for 2,000-acre logistics park

Laredo City Council last week voted to enter into a preliminary public-private partnership with a commercial real estate developer to build a $1 billion, 2,000-acre business park off Interstate 35. In 2015, Majestic Realty purchased the former Mercedes-Benz test track facility near mile marker 13 and developed a master-planed logistics park called Port Grande. They completed the first phase of this project in 2017, developing 100 acres into warehousing for several...

Otay Mesa Industrial Building Leased

8175 Andrews Ave. Photo courtesy of Colliers International   Vidal Corp. has signed a five-year lease on an Otay Mesa industrial building. The cross-border logistics company has leased a 31,360 square-foot building at 8175 Andrews Ave. in Majestic Sunroad Center. Mark Lewkowitz, Chis Holder, and Will Holder of Colliers International San Diego represented Vidal Corp and Majestic Realty Co., the owner of the building. “Majestic Sunroad Center is the first and...

Majestic Sunroad Center Building Leased in Otay Mesa

Colliers International secures Vidal Corporation for five-year lease of 31,360-square foot industrial building SAN DIEGO – Jan. 11, 2021 – Colliers International San Diego Region announces that Vidal Corporation, a cross-border logistics company, has signed a five-year lease for a 31,360-square foot, brand-new industrial building in the Majestic Sunroad Center. The property is located in San Diego’s Otay Mesa area at 8175 Andrews Ave, San Diego, CA. Mark...