Commercial property

Majestic Realty appoints Reon Roski CEO

A third-generation company executive, Roski has served on the board for 25 years.

Reon Roski, CEO of Majestic Realty (image courtesy of Majestic Realty)

Reon Roski will be the third generation in his family to take on a leadership role at majestic building, the firm announced on Tuesday.

As CEO, Roski will partner with his father, Edward Roski Jr., to lead a company with a nationwide footprint of 87 million square feet. In addition to its industrial development company, the largest private developer of business parks in the United States, the City of Industry, Calif.-based company includes property management, construction and retail subsidiaries.

Reon Roski’s association with Majestic dates back a quarter of a century. She joined the company’s board of directors in 1997 and became a senior advisor in 2007. That year, she was named the company’s chief executive.

A graduate of the University of Southern California and Loyola Law School, Roski specialized in real estate transaction law as an attorney for Glaser Weil and Allen Matkins. On average, it handled more than 18 million square feet of transactions per year.

Majestic was founded in 1948 by Edward Roski Sr., grandfather of Reon Roski. In 1966, Edward Roski Jr. joined the company and is currently its chairman and president. He is also a co-owner of the Los Angeles Kings, Los Angeles Lakers and the Arena, home of both teams.

Majestic ranked ninth on CPE’s 2021 list of Top Real Estate Owners. The company’s current major developments include Landmark at Otay, a planned 67-acre, 1.1 million square foot industrial project in San Diego’s Otay Mesa submarket. The Majestic Silver Creek Business Park, which will eventually cover 6.5 million square feet in Fort Worth, Texas, is also in the works.