Majestic Realty Buys Rivian-Leased 57,000 SQFT El Segundo R&D Facility for $27.25MM

Majestic Realty has acquired a fully leased, mission-critical research and development facility in El Segundo occupied by electric-vehicle maker Rivian, handing seller Hackman Capital Partners a 78 percent gain on a property it repositioned over eight years in one of the tightest submarkets in the country.