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...
845,830 SQFT Landmark at Otay Industrial Park Underway in San Diego

845,830 SQFT Landmark at Otay Industrial Park Underway in San Diego

San Diego, Calif. June 6, 2022 – Colliers is pleased to announce the 476,060 square-foot Phase II build-out of Majestic Realty Co. and Sunroad Enterprises’ highly anticipated Landmark at Otay will officially commence with its pouring of the concrete slabs on Thursday, June 9, 2022. Listed by Colliers’ Chris Holder, Mark Lewkowitz, and Will Holder, the development’s second Phase will comprise two secure freestanding buildings featuring 36’ clear height and trailer...
Sitting at full capacity, Majestic Realty sets sights on next phase of Majestic Commercenter – a three-building, 800,000-square-foot spec development

Sitting at full capacity, Majestic Realty sets sights on next phase of Majestic Commercenter – a three-building, 800,000-square-foot spec development

AURORA/ADAMS COUNTY, CO – Sitting at 99.5% occupancy on its 5.5 million square feet of development at the Majestic Commercenter, Majestic Realty announced today that it will break ground before year end on a three-building, 806,630 square foot speculative development at the business park located at the northeast quadrant of I-70 and Tower Road, continuing east to E-470.   A combination of long-term lease renewals, new tenant leases, as well as completed and...
California Industrial Developer signs major leases, expanding Arizona footprint

California Industrial Developer signs major leases, expanding Arizona footprint

California industrial developer signs major leases, expanding Arizona footprint After landing some major leases in the second quarter of 2021, Southern California-based industrial real estate owner and developer Majestic Realty Co. is continuing to grow its presence in the Phoenix market. In the past two months, Majestic signed leases with tenants to three of its metro Phoenix properties, bringing each of the three to full capacity. In Tolleson, Majestic signed a...