Developer proposes business park in Caledonia

Majestic Realty Co. is proposing to build three commercial buildings in Caledonia on spec that would offer 750,000 square feet of development space as part of a planned business park. The company is currently seeking tenants from the Racine County and the Chicago/Milwaukee region for the planned business park, which would be on the south side of Highway K east of Golf Road. The property includes 56.3 acres, which are currently zoned M2-general industrial district....

Giants come together for massive Union City industrial build-to-suit

A household name signed on last year for a major facility built by one of the nation’s most prolific industrial developers in the super-tight Interstate 85 South industrial market. The Procter & Gamble (NYSE: P&G) build-to-suit deal for a 1-plus million-square-foot distribution center and offices complex with members of the Atlanta office of industrial developer Majestic Realty Co. is a finalist for Industrial Deal of the Year in Atlanta Business...

Majestic Realty Co. Tenants Raise Nearly $140,000 for San Gabriel Valley Nonprofits

For the thirteenth consecutive holiday season, the Majestic Realty Foundation and tenants at Majestic Realty Co.’s Crossroads Business Park joined forces at the annual Crossroads Holiday Fundraiser to raise funds for local charities.  The 2013 event raised more than $140,000. Proceeds from the Dec. 12 event will support four local nonprofit organizations: East Valley Community Health Center—A Community Health Center that provides quality and accessible healthcare...

Majestic Realty unveils plans for four-story, 166,000 square-foot spec office building in San Gabriel Valley

San Gabriel Valley, Calif. – Fueled by a 93,058-square-foot lease agreement with Bank of the West, Majestic Realty Co. today announced plans to build a 166,406-square-foot speculative office building to help meet the growing office demands in the Valley. The Park at Crossroads, 13300 Crossroads Parkway North in City of Industry, is set to break ground January 2014 with completion by April 2015, according to Majestic Realty Co. officials. The new property...

Land rush: Kenosha County ripe for development

Even before crews bulldozed earth this month for Amazon.com’s huge distribution center in Kenosha, developers from Chicago and beyond began locking in land along Interstate 94 for the next wave of growth. Within walking distance of the site where Seattle-based Amazon will operate a 1 million-square-foot distribution center, developers are preparing 550 acres for three new industrial projects. Others also are in the works near I-94. The land rush reflects...

Majestic begins 1M SF Lewisville industrial project

California-based Majestic Realty Co. has begun building a large 1 million-square-foot speculative development in Lewisville, which could land one of the large tenants circling in the market. Al Sorrels of Majestic is marketing the 1,022,146-square-foot speculative project at 2900 S. Valley Pkwy. in Lewisville as Majestic Airport Center DFW, which is being developed as part of a joint venture with Northwestern Mutual.  Sorrels told the Dallas Business Journal he...