Majestic Leases Total Nearly 29,000 SF

CITY OF INDUSTRY, CA-Three office tenants have signed leases totaling 28,500 sf at Majestic Realty Co.’s Crossroads Business Park, a 110-acre complex of nearly one million sf at the 60 and 605 freeways. The three are Comerica Bank, Kaiser Foundation Hospitals and the law firm of Alvarez-Glasman & Colvin.

Comerica Bank’s deal is a renewal of its lease in the Terrace Building, where the bank signed a 10-year renewal for 11,646 sf. Comerica was represented by Craig DeMiranda of Trammel Crow Co. in Irvine, with Majestic Realty Co. represented internally by David Bui and Josh Wheeler.

Kaiser Foundation Hospitals signed a long-term lease for 9,900 sf, with John Archibald of Grubb & Ellis in Los Angeles representing the tenant and Bui representing Majestic. Alvarez-Glasman & Colvin signed a 40-month lease for 7,000 sf at the Atrium office building to serve as its headquarters. Jim Wynne of Grubb & Ellis in City of Industry represented the law firm, with Majestic represented by Bui and Wheeler.