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...
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 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...
Developer focused on expanding metro footprint with pipeline projects for 2022 and beyond PHOENIX – With multiple new lease agreements secured over the past 60 days, Majestic Realty Co. continues to enhance its presence and fill its development pipeline with additional projects across the Phoenix Metropolitan area. Fueled by strong absorption and user interest throughout the market, the developer’s properties and geographic locations offer cost efficiency and...
TEJON RANCH, CA – With groundbreaking of its third new building and its fourth joint-venture partnership agreement with Tejon Ranch Co. (NYSE: TRC) over the past five years set for this week, Majestic Realty Co., the nation’s largest privately-held developer, continues its bullish view of the massive, state-of-the-art Tejon Ranch Commerce Center (TRCC) development located at the junction of Interstate 5 and Highway 99 just an hour north of the San Fernando...