AURORA, CO—While double-digit sales growth of e-commerce has fueled distribution projects in major regional hubs including Dallas/Ft. Worth, the Inland Empire, Chicago and Atlanta, Majestic Realty Co. is preparing for similar e-commerce center demand in the Denver/Aurora, and recently acquired 530 acres of land directly adjacent to its existing Majestic Commercenter business park. Located at the northeast quadrant of Interstate 70 and Tower Road, the expanded Majestic Commercenter site extends from the eastern edge of the current park and is bordered by E-470 on the east, 26th Avenue on the south and 38th Avenue on the north.
The land acquisition, which closed Tueday, expands the Majestic Commercenter footprint to beyond 1500 total acres and positions the company to deliver product to a wide range of users from the smaller retailer to the largest, according to majestic executive vice president and development director, Randy Hertel. The expanded “e-Commercenter” development is designed to accommodate up to 7 million square feet at build out with four, 1 million +/- square-foot buildings.