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

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

September 1, 20263 Mins read378
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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.

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