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Majestic Realty Co. Establishes National Development Group
First Project is Warehousing and Distribution Center in Florida --
For years, Majestic Realty Co. has focused its attention on their key markets: Atlanta, Dallas, Denver, Las Vegas and Los Angeles. However, as the demand for property continued to rise in other markets across the United States, Majestic saw this need as its “formula for expansion”. Therefore, in order to identify new growth markets and acquire key parcels throughout North America, Majestic established a National Development Group (NDG) based in Aurora, Colorado.
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Atlanta, GA
Majestic recognizes its responsibility as a landlord to seek out prominent locations as well as provide mixed-use properties for its existing tenant base. The Atlanta marketplace continues to emerge as one of the principal distribution centers for the southeast region. With new leases signed, new parcels acquired and new construction underway, Majestic maintains its philosophy of supply and demand.
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Grand Crossing
City of Industry, CA --
The demand to provide large distribution facilities, spurred by robust global trade, continues to create the need for industrial space in Southern California making it among the best performing markets in the United States. Majestic Realty has witnessed this strong demand for “big box” distribution facilities, from both its international and national tenants.
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Chino, CA
National Distribution Centers, LP (NDC), a provider of inventory and warehousing solutions to companies like Hasbro, Jacuzzi, Lowe’s and MeadWestvaco, recently completed its final lease to occupy all three buildings at Majestic Chino South Business Park, a 1,880,000-sq. ft industrial development.
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Las Vegas, NV
Majestic is nearing completion of the Sunset Parkway Business Center. The final phase of this 80-acre business park is under construction, with three buildings totaling 363,000-sq. ft. (at 110,000-sq. ft., 120,000-sq. ft., and 133,000-sq. ft., respectively) is scheduled for delivery in April 2006.
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Dallas Fort Worth, TX
Once again expanding its national portfolio, Majestic Realty Co. is developing two industrial parks in the dynamic greater Dallas-Fort Worth marketplace: Majestic Airport Center DFW in Lewisville, and Majestic Park West in nearby Coppell.
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Majestic Commercenter
Aurora, CO --
What happens when Mohawk Industries, the world’s leading producer and distributor of flooring, needs more floor space? They expand from within!
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Majestic Realty Foundation
City of Industry, CA --
Instead of spending their nights hanging out with friends or watching TV, high school students from the Los Angeles Youth Leadership Council (LAYLC) are learning the ABCs of community involvement and how they can make a difference in their neighborhoods, schools and cities.
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Majestic Haven Gateway
Ontario, CA --
Majestic Haven Gateway, a 14.29-acre development project is available for build-to-suit, offering retail, office, R&D and freeway commercial opportunities. This well-located property is the last remaining retail site in the City of Ontario along the Pomona (60) Freeway.
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Majestic Milliken Business Center
Ontario, CA --
Majestic Realty announced exciting plans to develop and construct a 174,000-sq. ft. business center located only one half mile north of the 60 Freeway at the northeast corner of Milliken Ave. and Philadelphia Street in Ontario, CA. Groundbreaking at the new Majestic Milliken Business Center is set for first quarter 2006, with completion scheduled for fourth quarter 2006.
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Majestic Business Center at Meridian
Riverside, CA --
Prospective tenants can take advantage of the strategic opportunities at the new Majestic Business Center at Meridian in Riverside, CA. Five buildings ranging from 85,000-sq. ft. to 225,000-sq. ft., are part of the 1,000-acre, master-planned business park located at the intersection of the I-215 and Cactus.
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Roski's Remarks
As I reflect on the past year, I am struck by the tragedies and disasters our world endured–the devastating Tsunami in Southeast Asia; the tragic mudslides that struck California; major earthquakes around the globe, and the swath of destruction to our Gulf Coast region from hurricane after hurricane.
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