500K SF Mattel building set to become new home to JAMCO Group LAREDO, Texas – In what amounts to the largest single lease transaction in south Texas since 1999, Majestic Realty Co. announced that it has signed a long-term lease with The JAMCO Group to occupy all 500,000 square feet of a building that Majestic originally completed as a build-to-suit for Mattel, Inc. who has occupied it since that time. It was the largest building ever constructed in Laredo and it...
The Landmark at Otay will be situated close to San Diego’s eastern U.S.-Mexico border crossing. Construction has begun on a $100 million, 50-acre industrial park near San Diego’s eastern border crossing with Mexico. The Landmark at Otay project is anticipated to take advantage of the rapid industrialization near the Otay Mesa Port of Entry, as well as infrastructure improvements near — and surrounding — the U.S.-Mexico border. Businesses in Otay Mesa have...
Port Grande, a prospective multi-phase logistics park in the heart of the largest inland port in the country, is soon to become a reality as the company and the city finalize a deal for a 30-year tax increment reinvestment zone. Majestic Realty Co., the country’s largest privately-held industrial and portfolio developer, plans to make the project the epicenter of South Texas trade and even the epicenter of all North American trade as they expect for Mexico’s...
845,830-square-foot, four-building spec industrial center comes on the heels of preleases and strong demand at Majestic Sunroad Center SAN DIEGO – Jan. 28, 2021 – With preleases and strong tenant demand quickly absorbing Majestic Sunroad Center, the recently completed 227,268-square-foot, three-building speculative development is nearing full occupancy. As a result, the Majestic Sunroad partnership has broken ground on its next major Otay Mesa industrial...
Laredo City Council last week voted to enter into a preliminary public-private partnership with a commercial real estate developer to build a $1 billion, 2,000-acre business park off Interstate 35. In 2015, Majestic Realty purchased the former Mercedes-Benz test track facility near mile marker 13 and developed a master-planed logistics park called Port Grande. They completed the first phase of this project in 2017, developing 100 acres into warehousing for several...
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