Landmark at Otay development capitalizing on booming California-Mexico trade

Landmark at Otay development capitalizing on booming California-Mexico trade  The area near the Otay Mesa port of entry continues to be a Southern California industrial real estate hot spot. Developer Majestic Realty Co. has begun construction on the second phase of its Landmark at Otay development being built near the U.S.-Mexico border just south of San Diego. “Demand for real estate in the Otay Mesa area is white hot right now,” Tom Simmons, vice president of...

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

SAN DIEGO – April 4, 2022  – 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...

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...

Leatherneck Magazine features The Land of the Free Foundation

We’re honored that Leatherneck Magazine is bringing attention to The Land of the Free Foundation and the services it provides to the servicemembers of the past, present, and future, and their families. To read the full article, starting on pg 38, go here –...

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...

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...