LAREDO, TX—Laredo does more trade with Mexico than any other city does with any other country, says Majestic Realty Co. In response to the strong bilateral trade environment and demand from a growing list of companies including a 200,000-square-foot lease and full occupancy of its initial building, Majestic is constructing a 423,280-square-foot building 2 at Port Grande Logistics Port set for completion in fourth quarter 2019. “It’s the region’s largest...
PHOENIX – Majestic Realty Co., the nation’s largest privately-held industrial developer, has broken ground on a two-building, speculative industrial project totaling more than 327,000 square feet in the Southwest submarket in the city of Tolleson, Ariz. The Majestic Tolleson Center will be developed on a 19-acre site located west of 83 rd Avenue and south of Van Buren Street. The buildings will be constructed simultaneously with anticipated completion in August...
DENVER – Following the loss of their 9-year-old son Adam to an extremely rare form of leukemia in 1993, Randy and Gwenn Hertel vowed to try and make a difference and help other children survive cancer and prevent parents from ever having to experience the unimaginable loss of a child. Over the past two decades, Randy Hertel, an executive vice president at the nation’s largest privately-held real estate development company, Majestic Realty Co., did what he and the...
SAN DIEGO – October 4, 2018 – Sunroad Enterprises and Majestic Realty Co. broke ground today on Majestic Sunroad Center, a new Class-A, three-building, industrial development located in San Diego’s Otay Mesa neighborhood. City of San Diego Mayor Kevin L. Faulconer celebrated the groundbreaking alongside dozens of community and business leaders eager to bring a new project that will support growing businesses and meet current market demand for industrial...
REDLANDS, Calif. A final piece of the 110-acre, mixed-use development that includes the highly successful Mountain Grove and Citrus Plaza retail centers has officially broken ground with Majestic Realty Co.’s Summit Apartments. Located at the northwest quadrant of the Foothill (I-210) and San Bernardino (I-10) freeways, the multi-family component will include a 17 building, three-story, 281-unit garden walk up apartment complex featuring one, two, and...
The last remaining space at 5337 Wheeler Ridge Road in Tejon, Calif., a 480,000-square-foot industrial building at Tejon Ranch Co.’s 1,450-acre Tejon Ranch Commerce Center, has just been claimed. Majestic Realty Co. and TRC, co-developers of the state-of-the-art distribution center, recently signed L’Oréal USA to a 240,000 square-foot lease at the Class A property. With a location along Interstate 5 in Kern County, roughly 60 miles north of Los Angeles, TRCC...
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