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...
COMPANY ALSO ANNOUNCES FOUR LEASE DEALS TOTALING 622,000 SQUARE FEET IN OTHER COMMERCENTER BUILDINGS AURORA, Colo. – With pre-lease agreements taking up a majority of what was the largest speculative industrial project ever to be built in the metro-area, Majestic Realty Co. announced plans to beat its own record and build the state’s largest individual speculative building at its Majestic Commercenter park in Aurora. Set to break ground in June, the...
HILLSBORO, Oreg. – Majestic Realty Co.’s Majestic Brookwood Business Park has been named the Industrial Development of the Year by the Commercial Association of Brokers of Oregon and Southwest Washington, SIOR and the NAIOP Oregon Chapter. The award was presented at the organizations’ annual “Night of Excellence in Commercial Real Estate.” With its long-term vision for development opportunities in Hillsboro, Majestic had its eye on what is today known as The...
BROWNSVILLE, TX – OmniTRAX, Inc., one of the largest, privately-held transportation service companies in North America and an affiliate of The Broe Group, today announced an agreement with Majestic Realty Co., the nation’s largest, privately-held industrial developer and owner of master-planned business parks, to build Class-A warehouses at the 200-acre GEOTRAC Industrial Hub in the Port of Brownsville, Texas. The new relationship and anticipated development...
LAS VEGAS – In what is once again a thriving southwest Las Vegas submarket, Majestic Realty Co. has broken ground on a 295,500-square-foot speculative warehouse distribution center at its Beltway Business Park located just south of the Southern Beltway at the intersection of Jones Boulevard and Badura Avenue. A missing piece of the Las Vegas commercial real estate market from 2008-2014, speculative industrial development has emerged once again in the past 24...
AURORA, Colo. – Fueled by a continuation of favorable local and national market conditions, including historically low vacancy rates, as well as a pre-lease of a 452,400 square foot building to Amazon earlier this year, Majestic Realty Co. today announced plans to build what will be the largest, single-phase speculative industrial development in the state’s history, according to industry experts. The developer will break ground at its Majestic Commercenter...
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