Stanley Cup makes appearance at Industry Hotel

INDUSTRY – After making stops in the Inland Empire on Wednesday, the National Hockey League’s Stanley Cup arrived at the Pacific Palms Resort for a celebration expected to draw as many as 700 people. The cup was awarded to the Los Angeles Kings following their championship win earlier this year. According to tradition, members of the team and team administrators are each given 24 hours to spend with the cup. Wednesday was Kings’ co-owner Ed...

Crayola to Operate New 800,000 Square-Foot Distribution Center in the Majestic Bethlehem Center

Crayola ~ the maker of world famous crayons, markers and other creative art products ~  will lease and operate a new centralized distribution center in Bethlehem for worldwide shipment of Crayola products, beginning spring 2013. The 800,000 square-foot distribution center, to be constructed near I-78 and Rte. 412 in the Majestic Bethlehem Center, will consolidate the company’s current warehouse operations in Harrisburg and the Lehigh Valley. The leases for those...

Majestic Commercenter Lands Another Big Industrial Tenant

Just three months after landing one of the biggest industrial deals in the Denver market, Majestic Realty is at it again. The company signed a lease with FedEx SmartPost for 200,000 square feet at its Majestic Commercenter in Aurora. The deal comes on the heels of GE Energy’s recent announcement that it would establish a solar panel manufacturing plant in a 280,000-sf building at the same park. “We obviously feel great about the business park, now at about 4...

‘Bullish on Recovery,’ Majestic Realty Co. Breaks Ground on 300k SF Spec Building in City of Industry, CA

Signaling renewed interest in the local commercial real estate market and the promise of new jobs in the San Gabriel Valley, Majestic Realty Co. today announced it broke ground June 10th on a 300,000-square-foot building, located in the Grand Crossing industrial center. This marks the company’s first new start construction since 2008. Located at 179 S. Grand Ave., the spec building (also known as “Grand Crossing Building 11”) will feature 32-foot ceiling clearance...

Majestic Realty Co. receives Award from the United States Environmental Protection Agency

Majestic Realty Co. was recently presented with a 2009 Environmental Justice Achievement Award for its role in the Ports of Long Beach and Los Angeles  Clean Trucks Program (CTP).  The US EPA presented the award to Majestic as one of the task force members in recognition of their on-going efforts to reduce port pollution by bringing cleaner trucks to port communities faster than required by law. As a commercial real estate developer whose portfolio tenants are...

Corporate Grantmaker has its Own Brand of Hands-on Philanthropy

Real estate developers often know more about local neighborhoods than many other businesses. Majestic Realty Co.’s work developing master-planned business parks gives its team members unique insights into the challenges neighborhoods face, whether it’s violence, homelessness, hunger or school drop-out rates. After a long history of giving, Majestic Realty formalized its philanthropic program with the creation of the Majestic Realty Foundation. The goal was to move...