Majestic Asset Management, Inc.

Management • Investments • Development

Majestic Asset Mangement Completes $53 Mil LA Area Office Buy

Majestic Asset Management closed on a recent LA-area office buy, paying $53 mil for Corporate Center Calabasas, a 325k sf ($163/sf), Class A office campus located in Calabasas, at the very western edge of the San Fernando Valley. Read the article

Simi Warehouse Sells for Nearly $17 Million

A nearly 139,000-square-foot warehouse has sold in Simi Valley for $16.5 million. The industrial building at 2390 Ward Ave. sold in an off-market deal to Rexford Industrial Realty Inc., an industrial-focused real estate investment trust in Los Angeles, for almost $119 a square foot, according to Rexford. The seller was Majestic Asset Management Inc. of … Continued