Majestic Realty Co. unveils Phase II plans for Arroyo Beltway Commercenter

Majestic Realty Co. unveils Phase II plans for Arroyo Beltway Commercenter

Four-buildings, encompassing more than 430,000 square feet, set to break ground in early 2025 LAS VEGAS – With nine (9) fully-executed leases taking down more than 80% of its recently completed 764,000-square-foot Phase I speculative development, Majestic Realty Co. and joint-venture partner EJM Development Co. unveiled plans for their 436,130-square-foot, four-building Phase II at the Arroyo Beltway Commercenter. At more than three-quarter of a million square...
Majestic Realty adds President to role of CEO Reon Roski

Majestic Realty adds President to role of CEO Reon Roski

City of Industry, CA – Majestic Realty Co.’s board of directors has added the role of president to CEO Reon Roski’s title and responsibilities for the nation’s largest, privately-held development company. Roski, named CEO of Majestic Realty Co. in June 2022, is responsible for day-to-day operations and the continued growth of Majestic’s diverse, 90-million-squre-foot portfolio that includes industrial, office and retail space, as well as sports, entertainment and...
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...
Nearshoring creates booming demand for border logistics facilities

Nearshoring creates booming demand for border logistics facilities

Business is good at the Otay Mesa port of entry, California’s largest commercial land border crossing, which tallied $62.4 billion in trade in 2022, a 12.7% year-over-year (y/y) increase compared to 2021. The Otay Mesa port of entry is just south of San Diego along the border across from Tijuana, Mexico. The growth of trade at Otay Mesa has been spurred by the nearshoring of manufacturing and supply chains from Asia into Mexico, which is creating a surge in demand...
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...