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

Majestic Asset Management Buys Westlake Village Office Park

Majestic Asset Management has acquired Westlake Spectrum, a five-building, 120k sf office park in Westlake Village, in a recent $23.1 mil ($192/sf) deal. Majestic has completed nearly $100 million in transactions during 2016. Read the article

Investor Pays $37 Million for Thousand Oaks’ Largest Industrial Building

Thousand Oaks’ largest industrial building has sold for more than $37 million to a local investor. Van Nuys’ Majestic Asset Management Inc., which buys, develops and manages commercial and multifamily residential properties, bought a more than 347,000-square-foot industrial building in the Conejo Spectrum Business Park, according to L.A.-based brokerage CBRE Group Inc. Read the article