Jul 15, 2026
A California developer has plans to build a massive industrial park on the Salt River Pima-Maricopa Indian Community. Los Angeles-based Majestic Realty Co. announced July 7 that it has signed a 99-year ground lease for a nearly 1 million-square-foot project on the northeast corner of Pima Road and McDonald Drive off Loop 101. It’s between Talking Stick Resort and Scottsdale Community College. Warehousing, distribution, light manufacturing, assembly and...
Jul 16, 2025
Redlands, Calif. and Walnut, Calif. — Majestic Realty Retail, a division of Majestic Realty Co., has signed leases with four new tenants across its Southern California retail portfolio. Burlington Stores has already opened at Citrus Plaza, a 545,000-square-foot regional lifestyle power center located in Redlands. Total Wine & More and Handel’s Homemade Ice Cream have also opened at Mountain Grove, Citrus Plaza’s 470,000-square-foot sister project....
Dec 4, 2023
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...
Sep 13, 2023
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...
Feb 26, 2023
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...
Nov 10, 2022
TEJON RANCH, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has completed construction and secured a full-building lease of its 629,274-square-foot industrial distribution facility to an undisclosed major retailer at the Tejon Ranch Commerce Center (TRCC). This latest transaction follows a series of recent deals at TRCC involving four building sites, comprised of more...
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