Majestic Commercenter lease agreements totaling 420,000 SF push vacancy to 4% sparking next speculative development

Majestic Commercenter lease agreements totaling 420,000 SF push vacancy to 4% sparking next speculative development

AURORA/ADAMS COUNTY, CO – Five lease agreements secured over the past 60 days, including one renewal and four new tenants totaling 420,000 square feet, continue to push occupancy at the Majestic Commercenter (MCC) to near capacity. With low inventory levels, Majestic Realty Co. has initiated the next phase of new construction at the business park located at the northeast quadrant of I-70 and Tower Road. Agreements completed over the past 60 days include:...

Majestic Realty completes largest single lease transaction in Laredo since 1999

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...

Developers Break Ground On Landmark at Otay

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...

Majestic Sunroad Center Building Leased in Otay Mesa

Colliers International secures Vidal Corporation for five-year lease of 31,360-square foot industrial building SAN DIEGO – Jan. 11, 2021 – Colliers International San Diego Region announces that Vidal Corporation, a cross-border logistics company, has signed a five-year lease for a 31,360-square foot, brand-new industrial building in the Majestic Sunroad Center. The property is located in San Diego’s Otay Mesa area at 8175 Andrews Ave, San Diego, CA. Mark...

Majestic Realty Co.’s LV portfolio set to surpass 6 million SF with 330,000 SF of spec development now under construction, a 78,000 SF prelease and more buildings planned at Beltway Business Park

LAS VEGAS – With its existing industrial portfolio pushing full occupancy, Majestic Realty Co. has begun construction on the next phase of its development at the Las Vegas Digital Exchange Campus/Beltway Business Park (LVDEC/BBP) and has pre-leased 78,000 square feet of the approximately 330,000 square foot, two-building speculative project. Scheduled for completion in June 2021, the additional warehouse/distribution buildings will push Majestic Realty Co.’s Las...

Park amenities drive Subaru to 550,000-square-foot build to suit at Majestic Commercenter in Aurora

AURORA, CO – Citing the park’s prime location, as well as existing and planned access to amenities for its growing employee base, Subaru of America has signed a long-term lease for a 550,000 square foot build-to-suit building at Majestic Realty Co.’s Majestic Commercenter. The 1,600-acre master-planned park is located at the northeast quadrant of the intersection at I-70 and Tower Road, continuing east to E-470. Subaru will relocate from a smaller existing...