Company invests in speculative project along SH 121

Local officials say development shows strong commercial real estate market near DFW Airport Majestic Realty Co. is bringing a 1.1 million-square-foot speculative logistics center online this fall just north of Grapevine off SH 121 in Lewisville, and local officials said the project’s existence points to the strength of the real estate development market throughout the area. The project to build and lease the center’s fifth building is not the first large...

Majestic Breaks Ground on Mountain Grove at Citrus Plaza in Redlands

REDLANDS, CALIF. — Majestic Realty Co. has broken ground on Mountain Grove at Citrus Plaza, a 670,000-square-foot retail, dining and entertainment district in Redlands. The project will be located at the intersection San Bernardino Avenue and Citrus Plaza Drive, just off the 210 Freeway. The first phase will include 468,000 square feet. The completed project will feature tenants like Nordstrom Rack, buybuy Baby, T.J. Maxx/HomeGoods, Hobby Lobby,...

Regional Development Award: Kenosha Enterprise Park / Amazon

Amazon Project Credits Owner/Developer: KTR Capital Partners Architect: Ford & Associates Architects Engineer: Pinnacle Engineering Group General contractor: Clayco Chief legal counsel: Barack Ferrazzano Kirschbaum & Nagelberg LLP Project cost: $155 million   Real Estate Awards: Best Deal of the Year/Regional Development Award Niagara Bottling’s $56 million Pleasant Prairie development has the same back story as many in Kenosha County: The company...

Bethlehem planners approve mega warehouse at Majestic Center

BETHLEHEM, Pa. – This Thursday the Bethlehem Planning Commission unanimously approved the development of a 1.94 million square foot warehouse in the Majestic Center that is set to become one of the largest in the state of Pennsylvania. The building will occupy the 440-acre lot that was formerly the site of Bethlehem Steel off of Commerce Center Boulevard. It is currently owned by Majestic Realty Inc. Quick Clicks Allentown plans $5 million in capital...

Majestic breaks ground on Phase I of 670,000 Sq. Ft. Mountain Grove at Citrus Plaza shopping center in Redlands, CA

REDLANDS, Calif. – Majestic Realty Co. announced today that it has broken ground on its much-anticipated Mountain Grove at Citrus Plaza retail and entertainment shopping center. Located adjacent to Citrus Plaza in the heart of the Inland Empire at the northwest corner of the Foothill (I-210) and San Bernardino (I-10) freeways, Mountain Grove is scheduled to open in summer 2015. The project’s nearly 468,000-square-foot Phase I development is the sister project to...