HUTCHINS – California-based Majestic Realty Company is planning a 1.01 million-sf speculative warehouse at 1002 E. Cleveland Rd.
Work will start on the $42 million project early next year. Delivery is set for late 2022.
Commerce Construction Co. LP, a subsidiary of Majestic, will design and build the warehouse, which will be within the 1.4 million-sf PointSouth Logistics & Commerce Center.
The Texas Real Estate Research Center has more on DFW’s industrial market:
Source: Dallas Business Journal