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...
The nation’s largest privately held health care supply company will build a 545,000-square-foot warehouse/distribution center at Majestic Commercenter in Aurora. Medline Industries Inc. bought 35.6 acres of land in the master-planned business park at Interstate 70 and Tower Road and will spend the next 18 months developing the facility. “This is a very exciting project not only due to its size, but also the quality of the product. The 545,000-square-foot...
Bed Bath & Beyond has rented almost 800,000 square feet of warehouse space on S.H. 121 in Lewisville. (Majestic Realty) A major retailer has selected North Texas as the location on a large new e-commerce facility. Bed Bath & Beyond has leased almost 800,000 square feet of warehouse space northeast of Dallas/Fort Worth International Airport. The new facility will employ between 600 and 1,000 people who will fulfill online merchandise orders for Bed...
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