Hillsboro, OR Majestic Realty Co broke ground last month on another stage of its 73-acre Brookwood Business Park in Hillsboro and tenant interest in the project has skyrocketed. Part of a master plan that will include some 1M SF of office, industrial and retail space across 11 buildings, the project is getting plenty of attention from potential tenants. “Since breaking ground this spring, we’ve experienced an increasingly strong and continually growing level of...
Amazon’s arrival in the Denver market signals the beginning of an e-commerce push into the metro area. “We have known for a long time we’re going to see a real growth of e-commerce in the Denver market. It certainly is exciting and really healthy for the market to see this kind of industry start to take off,” said Tyler Carner, a CBRE industrial specialist who was not involved in the deal. Amazon leased Majestic Commercenter’s new 452,400-square-foot speculative...
PLEASANT PRAIRIE, Wis. – With continued strength in the industrial real estate market and growing demand from large-scale users across the Greater Chicago Region, Majestic Realty Co. will officially begin development of a 424,164-square-foot speculative industrial building at its Majestic Badger Logistics Center with a groundbreaking ceremony May 6. Majestic, the nation’s largest privately held industrial development company, purchased the site in late 2012 and...
Amazon.com has tapped the city of Aurora and the Majestic Commercenter to park its first Colorado facility. Located 5 miles south of Denver International Airport, the 452,400-square-foot facility will be a sorting center, where sealed packages arrive and are then sorted by zip code for delivery to local U.S. Post Offices. “We are hiring for hundreds of associates for our new package sortation center in Aurora,” Amazon spokeswoman Ashley S. Robinson...
Hillsboro, Ore. – In what many industry experts are calling one of the nation’s strongest and most attractive real estate development markets on the West Coast, Majestic Realty Co. broke ground this month on its latest and much-anticipated industrial building at Majestic Brookwood Business Park in Hillsboro. The planned 303,000-square-foot industrial warehouse property represents the largest speculative property to ever be constructed in Sunset Corridor. It is...
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