BROWNSVILLE, TX – OmniTRAX, Inc., one of the largest, privately-held transportation service companies in North America and an affiliate of The Broe Group, today announced an agreement with Majestic Realty Co., the nation’s largest, privately-held industrial developer and owner of master-planned business parks, to build Class-A warehouses at the 200-acre GEOTRAC Industrial Hub in the Port of Brownsville, Texas. The new relationship and anticipated development...
LAS VEGAS – In what is once again a thriving southwest Las Vegas submarket, Majestic Realty Co. has broken ground on a 295,500-square-foot speculative warehouse distribution center at its Beltway Business Park located just south of the Southern Beltway at the intersection of Jones Boulevard and Badura Avenue. A missing piece of the Las Vegas commercial real estate market from 2008-2014, speculative industrial development has emerged once again in the past 24...
AURORA, Colo. – Fueled by a continuation of favorable local and national market conditions, including historically low vacancy rates, as well as a pre-lease of a 452,400 square foot building to Amazon earlier this year, Majestic Realty Co. today announced plans to build what will be the largest, single-phase speculative industrial development in the state’s history, according to industry experts. The developer will break ground at its Majestic Commercenter...
ONTARIO, Calif. Majestic Realty Co. has broken ground on a 239,400 square foot build-to-suit warehouse and manufacturing/production facility for Melmarc at the site of a former Sunkist factory located at 752 Campus Ave. Majestic, who purchased the land from the City of Ontario in 2016, has signed a long-term lease agreement with Melmarc, one of the nation’s largest garment sourcing, embellishment and packaging companies. Melmarc will occupy the entire building...
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...
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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