

Majestic Realty expanding its presence in Laredo with acquisition of 2,000-acre auto testing facilit
LAREDO, Texas – Majestic Realty Co., the nation’s largest, privately-held real estate development company, has completed the acquisition of a 2000-acre land site from a subsidiary of Mercedes-Benz. Majestic plans to redevelop the site with modern warehouse distribution space to support the growing international flow of commerce between Mexico and the United States, according to company officials. Laredo recently advanced its rank and is now the nation’s third largest customs