LAS VEGAS – With a majority of its newest industrial building leased upon completion of construction and strong activity on the remaining available space, Majestic Realty Co. is planning the next phase of development at its Las Vegas Digital Exchange Campus/Beltway Business Park (LVDEC/BBP) in 2018. Pilot Air Freight, a full-service global transportation and logistics company with more than 75 locations throughout North America, has signed a long-term lease for...
AURORA, Colo. – Majestic Realty Co., the nation’s largest, privately-held developer of industrial business parks, has begun construction on the state’s largest speculative warehouse/distribution facility, breaking its own prior records for speculative development – construction that is started without a lease agreement or end user in place. The 701,900-square-foot Building #15, nicknamed the “Big Bomber,” broke ground in late June and is scheduled for completion...
TEMPE, Ariz. – Majestic Realty Co., the nation’s largest, privately-held real estate development company, will begin tilting up walls on its three-building, master-planned business park in southern Tempe later this month. With building sizes of 39,704 square feet (Building #3), 47,856 square feet (Building #1) and 85,752 square feet (Building # 2), the master-planned Majestic Tempe Commerce Center is scheduled for completion in late September, according to company...
LAREDO, Texas – With completion of its Phase I Building #1 in sight, Majestic Realty Co. has signed its first tenant to Port Grande, a 2,000-acre, master-planned Logistics Port, which will have just shy of 200,000 square feet of additional space still available when the 366,080-square-foot building is completed in late August. An international firm in the automotive industry, the undisclosed tenant is new to Laredo and will occupy 166,400 in a long-term lease...
COMPANY ALSO ANNOUNCES FOUR LEASE DEALS TOTALING 622,000 SQUARE FEET IN OTHER COMMERCENTER BUILDINGS AURORA, Colo. – With pre-lease agreements taking up a majority of what was the largest speculative industrial project ever to be built in the metro-area, Majestic Realty Co. announced plans to beat its own record and build the state’s largest individual speculative building at its Majestic Commercenter park in Aurora. Set to break ground in June, the...
HILLSBORO, Oreg. – Majestic Realty Co.’s Majestic Brookwood Business Park has been named the Industrial Development of the Year by the Commercial Association of Brokers of Oregon and Southwest Washington, SIOR and the NAIOP Oregon Chapter. The award was presented at the organizations’ annual “Night of Excellence in Commercial Real Estate.” With its long-term vision for development opportunities in Hillsboro, Majestic had its eye on what is today known as The...
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