OmniTRAX and Majestic Realty Form Partnership to Develop Class A Warehouses at GEOTRAC Industrial Hub, Port of Brownsville

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...

Beltway Business Park continues development

A commercial real estate megaproject all but halted by the recession is once again seeing construction crews and heavy equipment moving dirt at the site on a new speculative industrial project. Southern California-based Majestic Realty Co. broke ground in the fourth quarter of 2016 on a 295,500-square foot speculative warehouse distribution center at its more-than-375-acre Beltway Business Park development, which runs along the south side of the 215 Beltway,...

Majestic Realty Brings New Spec Warehouse to Sin City

Las Vegas — Majestic Realty Co., the largest privately held developer and owner of master-planned business parks in the U.S., has broken ground on a 295,500-square-foot speculative warehouse distribution center in Las Vegas. The property is located within the company’s Beltway Business Park, just south of the Southern Beltway, at the intersection of Jones Boulevard and Badura Avenue. The asset has the capacity for multi-tenant...

MAJESTIC REALTY BREAKS GROUND ON 300,000-SQUARE-FOOT SPECULATIVE WAREHOUSE/DISTRIBUTION CENTER IN SOUTHWEST LAS VEGAS MARKET

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...

Amazon signs massive lease in Hillsboro, Oregon, looks to hire more than 1,000

An e-commerce giant is making a big splash in the Portland metro region. Seattle-based Amazon has leased 303,360-square-feet of industrial space in the Majestic Brookwood Business Park in Hillsboro. According to regional public relations manager Ashley Robinson, the new facility will be a sortation center, where Amazon employees sort customer packages by zip code for delivery. She said the company is currently hiring more than 1,000 permanent and holiday seasonal...