Majestic Realty plans sizable industrial development in Aurora

Majestic Realty Co. will build 452,400 square feet of speculative industrial space in Aurora, with plans to break ground this month. Majestic, based in a suburb of Los Angeles called City of Industry, decided to construct the space after leasing nearly 300,000 square feet of its most recent speculative property. The new project, dubbed Building No. 29, will be built at Majestic Commercenter near the intersection of Interstate 70 and Tower Road. The property is...

MAJESTIC REALTY LAUNCHES 452,400-SQUARE-FOOT SPEC BUILDING FOLLOWING LEASE AGREEMENTS TOTALING NEARLY 300,000 SQUARE FEET

AURORA, Colo. – With new lease agreements in place for nearly 300,000 square feet of its most recent half-million-square-foot speculative property, Majestic Realty Co. today announced plans to build a 452,400-square-foot sister speculative industrial warehouse and distribution facility at its Majestic Commercenter.  Set to break ground in April, Building #29 is a Class-A industrial property scheduled for completion by Nov. 1, in time to help meet anticipated...

Building on spec – Las Vegas, NV

A developer is planning big in Las Vegas. Majestic Realty, perhaps best known for its involvement with a scraped plan for a UNLV football stadium, is projecting to break ground on a large speculative industrial space before the end of 2015, according to a company spokesman. The project adds to an already extensive list of new large-scale industrial space construction projects planned around the Las Vegas Valley. The projected warehouse distribution space — which...