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California  + San Diego  + Industrial  | 
Majestic & Sunroad Sign R.L. Jones to Huge Lease in Otay Mesa, Colliers Arranges

Majestic & Sunroad Sign R.L. Jones to Huge Lease in Otay Mesa

Majestic Realty Co. and Sunroad Enterprises, developers of Landmark at Otay, the largest industrial project in San Diego County, have signed a full-building, prelease agreement with R.L. Jones Customhouse Brokers for an under-construction, 241,000-square-foot building at the facility in San Diego.  The agreement is an expansion at the 1.1-million-square-foot Landmark at Otay for R.L. Jones, which already occupies 150,000 square feet.

“With Near-Shoring, the boom in e-commerce and organic growth amongst our clients, we are very excited that this expansion will allow us to grow within our industry while continuing to provide quality service to our clients,” said R.L. Jones VP Eduardo Acosta.

The agreement represents the largest non-Amazon industrial lease in Otay Mesa in the past decade, and the largest in San Diego County in the past five years, according to Colliers. The Colliers team of Mark Lewkowitz, Chris Holder and Will Holder is responsible for marketing and leasing the development. Cushman & Wakefield’s Regan Tully represented R.L. Jones in the lease transaction.

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Majestic RealtySunroad EnterprisesR.L. JonesEduardo AcostaColliers San Diego

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.