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Majestic Realty Co. Announces Newest Leases, Renewals in Competitive Las Vegas Marketplace.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Continuing to attract top-tier tenants to its industrial and commercial developments throughout the valley, Majestic Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Co. today announced its newest leases and renewals in the Las Vegas area.

Rod Martin Rod Martin (born April 7, 1954 in Welch, West Virginia) is a retired National Football League linebacker who played for the Los Angeles and Oakland Raiders from 1977 to 1988. , vice president and Bill Hayden For the fictional spy character, see .
William George Hayden AC (born 23 January 1933), Australian politician and 21st Governor-General of Australia, was born in Brisbane, Queensland, the son of an American-born sailor of Irish descent.
, regional director of development and leasing for Majestic Realty Co., brokered the recent transactions. Majestic's Las Vegas portfolio currently tops 4.3 million square feet.

At Majestic's Sunset Parkway Business Center, new tenant Sternschnuppe LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, signed a three-year lease for 56,000 square feet. The company is a contract manufacturing / sheet metal fabrication fabrication (fab´rikā´shn),
n the construction or making of a restoration.
 shop that provides services to the gaming, medical and telecommunications industries.

Also at Sunset Parkway, Dal-Tile SSC SSC Secondary School Certificate
SSC Standard Systems Center (USAF)
SSC State Services Commission (New Zealand)
SSC Swedish Space Corporation
SSC Salem State College (Massachusetts) 
 West, Inc. is expanding from 28,300 square feet to 43,800 square feet in one building, while occupying an additional 75,000 square feet in a second. Additionally, 4 Wall Enterprises Inc. signed a five-year renewal for 31,100 square feet.

"Our properties continue to attract tenant interest because of our strategic locations near the resort corridor, the convention centers and McCarran Airport" Martin said.

"Even in today's competitive marketplace, we see steady activity from the casino, gaming, convention and drayage Drayage

A trucking company freight charge for the pick up or delivery of an ocean container.
 industries, as well as from tenants with interests in supporting these sectors," Hayden added.

Majestic's other Las Vegas locations have seen recent leases, as well.

At Post Industrial Center on Birtcher Drive, the latest transactions include a five-year lease by new tenant Sunset Moving & Storage Company for 49,900 square feet; a three-year renewal by Discount Package Supply for 20,100 square feet, and a two-year renewal by Material Supply Inc. for 46,000 square feet. Pat Marsh of Colliers International in Las Vegas represented Material Supply.

At Majestic's Russell Road Russell Road may refer to one of the following:
  • Russell Road (Ontario), Canada
  • Russell Road, Perth, Australia
  • Russell Road, Salinas, California, U.S.A.
 Industrial Park, located on West Russell Road, new transactions include seven-year deal with Grove-Madsen Industries that expands its existing space by 25,000 square feet, for a total of 59,000 square feet, and a five-year lease by Total Transportation Services, LLC for 52,000 square feet. Total Transportation Services, which also leases 62,500 square feet at Majestic-owned Sunset & Valley View Distribution Center, was represented in the Russell Road transaction by Spencer Pinter of Colliers International in Las Vegas.

Founded in 1948, Majestic Realty Co. is one of the nation's oldest and largest privately held real estate firms, with an office, retail and industrial portfolio totaling more than 70 million square feet. The Southern California-based company is a diversified real estate developer specializing in the planning and development of premier master planned business parks and retail centers.

Headquartered in City of Industry, Calif., Majestic Realty also has offices in Atlanta, Dallas, Denver and Las Vegas. For information or leasing opportunities, visit www.majesticrealty.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 14, 2006
Words:446
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