Ware else but Aurora? Majestic Commercenter anticipates demand for warehouse space

AURORA | With big names like Amazon gobbling up warehouse space in north Aurora, Majestic Realty Co. is betting big — more than 800,000-square-feet kind of big — on the city’s future as a distribution hub. The company is set to break ground this fall on three buildings totaling 835,000 square feet at the Majestic Commercenter near Interstate 70 and E-470. The project is speculative though, which means Majestic doesn’t yet have tenants for the buildings. Instead,...

MAJESTIC REALTY ANNOUNCES LARGEST, SINGLE-PHASE SPECULATIVE INDUSTRIAL DEVELOPMENT IN STATE’S HISTORY

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...

Huge golfing center tees up for grand opening in Hillsboro

Judging by all the smiles in the media images, there will be nothing but good times in store when Topgolf opens its first Northwest facility next week. The 65,000-square-foot golfing and entertainment venue is scheduled to officially open in Hillsboro at 9 a.m. Friday, Aug. 5. When it does, it will feature three stories, 100 hitting bays, golfing games, food and beverages, a rooftop terrace and more than 200 TVs. In June, the company posted 450 job openings for...

Majestic Realty breaks ground on 239,400 square foot build-to-suit property for Melmarc

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...

Horizontal skyscraper

Imagine the 39-story One Tampa City skyscraper in downtown Tampa tilted on its side, and a second tower of the same size next to it.  Combined, they don’t equal the size of the two-building fulfillment center Los Angeles-based Majestic Realty Co. is developing for Wal-Mart Stores Inc., in Davenport. At 2 million square feet, the project represents the largest private commercial real estate development underway along the Gulf Coast.  But it may also usher...