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Magellan Properties

Magellan’s current portfolio of approximately 2,500,000 SF is currently transitioning through various phases of value-added activities. Those projects are briefly presented below.

  Asset Size (sq. ft) Property Type Description
Magellan Riverside Magellan Riverside
1989 – 2069 Massachusetts Ave. & 2626 Kansas Ave.
Riverside, CA
297,455 Multi-tenant Industrial Acquired leased investment in 2014, long-term lease/development options in process
Golden State Industrial Golden State Industrial Park
1775 Park Street
Selma, California
358,533 Multi-tenant Industrial Acquired leased investment in 2008, parcel map being recorded in preparation for sales
Lehigh Industrial Park Lehigh Industrial Park
100 Cascade Drive
Allentown, Pennsylvania
400,340 Multi-tenant Industrial Leased investment acquired in 2014, lease rollovers/refurbishment in process
Atlantic Atlantic
3030 Atlantic Blvd.
Vernon, CA
200,000 Single-tenant Industrial Acquired vacant property in 2012, leased building in early 2018 to leading furniture distributor and preparing for a sales process
La Quinta Square La Quinta Square
78-611 Highway 111
La Quinta, CA
169,746 Multi-tenant Retail Acquired 4-acre site from lender 2014, secured entitlements, designed and built site improvements, processed a parcel map, sold one pad to In-N-Out Burger, leased one pad to Aldi for 20 years then sold, leased third pad to El Pollo Loco for 20 years with sale pending
Magellan Aviation Magellan Aviation
McClellan-Palomar Airport
2006 Palomar Airport Road
Carlsbad, CA
133,083 Aircraft Hangars & FBO Airplane hangars and fuel operations being completed and recapitalized