Amazon reportedly is gobbling up more than 370,000 square feet in Portland and Tualatin with two new facilities, adding to its already expansive Oregon footprint, the Business Journal has learned. The Seattle e-commerce company is operating an approximately 227,000-square-foot“last-mile” facility at the Majestic Tualatin Business Center in Tualatin, according to Phillip Brown, executive vice president with Los Angeles-based Majestic Realty Co.,which developed the...
An OmniCable affiliate paid $5.86 million for one of four new small-user buildings at Majestic Commercenter in Aurora. Majestic Realty Co. went small and saw big demand for a series of new buildings in Aurora. “Our general M.O. around the country and here in Aurora is to build the largest spec building that any given market can sustain, and we’re longterm holders as well,” said Majestic Realty Vice President Michael Kapoor. In the company’s 1,500-acre Majestic...
Source Logistics, a logistics and supply chain provider will more than double its current footprint in Port Grande this month when it takes occupancy in the region’s largest speculative construction on record. Majestic Realty signed a pre-lease agreement with a single user for building two shown in the background. LAREDO, TX—Weeks away from completion of the region’s largest speculative industrial building, Majestic Realty Co. signed a pre-lease agreement with a...
Majestic Realty Co. has acquired a 30-acre land site in the Loop 202 area. The site is one of the last remaining development sites in the southwest Phoenix submarket. Located at the intersection of 55th Avenue and the lower Buckeye 202 off-ramp will be home to a more than 502,000-square-foot speculative industrial building scheduled to break ground in the first quarter of 2020, according to company officials. Called Majestic 55, the development will bring...
Additional projects on schedule for year-end completion as developer expands its metro footprint PHOENIX – Just weeks away from the much-anticipated opening of the Loop 202 (South Mountain Freeway), Majestic Realty Co. announced today its acquisition and planned development of one of the last infill parcels of land in the southwest Phoenix submarket. The 30-acre site, located at the intersection of 55th Avenue and the lower Buckeye 202 off-ramp will be...
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