MAJESTIC BELL LLC ACQUIRES 82,934-SQUARE-FOOT OFFICE BUILDING

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RENO, NEV. — Los Angeles-based Majestic Bell LLC, an affiliate of Majestic Investments LLC, has acquired an 82,934-square-foot office building in Reno for $12 million. Situated on a 6.21-acre site, the property is fully occupied by AT&T, which signed a 10-year NNN lease at closing of escrow. Majestic was represented by Cameron Pacific, the acquisition and finance arm of Majestic Investments; AT&T was represented by CB Richard Ellis. The seller was not disclosed.

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