Majestic Realty Co. signs two new tenants, accelerates 2018 development plans in Las Vegas

LAS VEGAS – With a majority of its newest industrial building leased upon completion of construction and strong activity on the remaining available space, Majestic Realty Co. is planning the next phase of development at its Las Vegas Digital Exchange Campus/Beltway Business Park (LVDEC/BBP) in 2018. Pilot Air Freight, a full-service global transportation and logistics company with more than 75 locations throughout North America, has signed a long-term lease for...

Congressional Medal of Honor Foundation Presents Highest Award to Los Angeles Businessman and Philanthropist Ed Roski

ARLINGTON, Va., October 11, 2017 – Los Angeles businessman, veteran and philanthropist Edward P. Roski, Jr., received the Circle of Honor Award from the Congressional Medal of Honor Foundation Saturday night in Los Angeles. The Circle of Honor Award is the Foundation’s most prestigious award. It honors and recognizes American citizens who have made profound contributions to our Nation and way of life, and who epitomize the principles of courage, sacrifice, service...

With history of speculative development success, Majestic Realty celebrates groundbreaking of “Big Bomber,” another record-setting building in Aurora

AURORA, Colo. – Majestic Realty Co., the nation’s largest, privately-held developer of industrial business parks, has begun construction on the state’s largest speculative warehouse/distribution facility, breaking its own prior records for speculative development – construction that is started without a lease agreement or end user in place. The 701,900-square-foot Building #15, nicknamed the “Big Bomber,” broke ground in late June and is scheduled for completion...

Majestic Realty closing in on completion of three-building development at Tempe Commerce Center

TEMPE, Ariz. – Majestic Realty Co., the nation’s largest, privately-held real estate development company, will begin tilting up walls on its three-building, master-planned business park in southern Tempe later this month. With building sizes of 39,704 square feet (Building #3), 47,856 square feet (Building #1) and 85,752 square feet (Building # 2), the master-planned Majestic Tempe Commerce Center is scheduled for completion in late September, according to company...

Majestic Realty signs first tenant to Port Grande as it closes in on completion of Building #1

LAREDO, Texas – With completion of its Phase I Building #1 in sight, Majestic Realty Co. has signed its first tenant to Port Grande, a 2,000-acre, master-planned Logistics Port, which will have just shy of 200,000 square feet of additional space still available when the 366,080-square-foot building is completed in late August. An international firm in the automotive industry, the undisclosed tenant is new to Laredo and will occupy 166,400 in a long-term lease...

Colorado’s biggest-ever spec industrial building breaks ground soon in Aurora

Majestic Realty Co. will soon break ground on Colorado’s largest-ever single-building speculative industrial development in Aurora, building 701,500 square feet near Interstate 70 and Tower Road. Majestic’s new building is expected to break ground in June and to be complete in the first quarter of 2018. It will be built on 36 of the 1,000 acres in the Majestic Commercenter. Majestic in 2015 purchased 530 acres of land adjacent to parcels it already owned and...