Majestic Asset Management, Inc.

Management • Investments • Development

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

Redondo Beach Retail and Office Property Sold by Madison Partners for $5,800,000

Redondo Beach, California, August 3, 2016: Madison Partners announced today that it has completed the $5.8 million sale of 2772 Artesia Boulevard, a 17,000 SF neighborhood retail and office property in Redondo Beach, California. Madison Partners’ Bob Safai, Matt Case, and Brad Schlaak brokered the transaction on behalf of the seller, Majestic Asset Management. The … Continued

Westlake Village Campus Sold After Creative Re-do

A four-building campus in Westlake Village, renovated into creative office space, recently sold for $18.25 million, according to the sellers, Van Nuys property firm Majestic Asset Management Inc. and JS/JS Properties Inc. in Canoga Park. The buyer was L.A. real estate investor named Kids from the Valley XIV. Read the article

Mixed-Use Looks to Move Into Warner Center

The Warner Center Business Park is dominated by low-rise office buildings that typically go dark after work hours. But a new project planned for the corner of Oxnard Street and De Soto Avenue is set to bring round-the-clock vitality and some architectural pizazz to the corporate neighborhood. Read the article