Developers expand next phase for Landmark at Otay with more than 1.1 million square feet of Class-A spec buildings

Developers expand next phase for Landmark at Otay with more than 1.1 million square feet of Class-A spec buildings

SAN DIEGO –  In what continues to be one of the most active markets in the county for new development and leasing activity, Majestic Realty Co. and Sunroad Enterprises have begun construction on the second half of their initial four-building Landmark at Otay development site located at the intersection of SR-905 and SR-125. In addition, the developers have secured 17-acres of adjacent land to expand the industrial center to a six-building park that will encompass...
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...
Majestic Realty Co. lease agreements take three Phoenix-MSA projects to full capacity

Majestic Realty Co. lease agreements take three Phoenix-MSA projects to full capacity

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...
Majestic Realty Co. expands investment in Tejon Ranch with 4th joint venture partnership in past 5 years

Majestic Realty Co. expands investment in Tejon Ranch with 4th joint venture partnership in past 5 years

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...
KAYLA WILKIE EARNS CONNECT MEDIA NEXT GENERATION AWARD

KAYLA WILKIE EARNS CONNECT MEDIA NEXT GENERATION AWARD

LOS ANGELES – Kayla Wilkie, Team Leader-Design and Development with Majestic Realty Co., has been named a recipient of Connect Media’s annual Next Generation Awards recognizing young commercial real estate leaders in North America who are making a significant mark in the real estate industry. Wilkie joined Majestic in 2018 and currently leads design and development of various projects in Texas and Nevada including casinos, luxury multifamily, entertainment...
Majestic Sunroad Center Reaches 100% Occupancy

Majestic Sunroad Center Reaches 100% Occupancy

Colliers San Diego’s Industrial Team secures four tenants for nearly completed, new industrial business park in Otay Mesa SAN DIEGO – April 7, 2021 – Colliers San Diego Region announces that Majestic Sunroad Center in San Diego’s Otay Mesa neighborhood has reached full occupancy following the recent consummation of four lease transactions prior to the completion of construction. “We are excited to welcome four great companies to Majestic Sunroad Center,” said Tom...