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...
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...
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...
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...
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...
Major apparel company to relocate and consolidate operations from Los Angeles area TEJON RANCH, Calif. (January 5, 2023) – The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has secured—in advance of construction– a full-building lease of the next industrial facility planned for its growing portfolio of industrial properties. The 446,000-square-foot industrial distribution facility will be occupied by Sunrise Brands, a...