Majestic Realty Co. Launches Office Build

SAN GABRIEL VALLEY, CA-Developer Majestic Realty Co. has revealed plans for a 166,406-square-foot speculative office building, the Park at Crossroads. Bank of the West has signed a 93,058-square-foot long-term lease in the building, helping to encourage the project, which is located in the Crossroads Business Parkat 13300 Crossroads Parkway North in City of Industry. Jim Travers and Lawson Martin of Travers Realty represented Bank of the West in the trasaction. Cost of the project was undisclosed.

“We’ve taken an extensive look at market conditions, vacancy and absorption rates, product supply and a growing office space demand in this region, and we’re very confident and excited to take this step forward,” says Majestic Realty Co. VP David Bui.