For Immediate Release
9/26/2006
Ontario, CA —Majestic Realty Co. today announced that Ozburn-Hessey Logistics, a leading supply chain management company, has signed a five-year lease for more than 260,000 square feet at the Majestic Airport Center near Ontario International Airport.
“All of OH Logistics’ growth is client directed,” commented Scott McWilliams, CEO of OH Logistics. “Our clients’ supply chain needs change constantly and adding warehouse space and offering new services provides them flexibility to adapt to the changes and remain competitive.” The company operates over 23 million square feet of warehouse space throughout the US and provides domestic and international transportation services, freight forwarding and customs brokerage. OH Logistics recently acquired Barthco International, Turbo and Freightek which provide services vital to the firm’s rapidly expanding client base.
“Ozburn-Hessey Logistics chose Majestic Realty properties because we understand their business,” said Trent Wylde, of Majestic Realty who represented the owner-developer in the transaction. ProVenture Commercial Real Estate, based in Brentwood, TN, partnered with Dan de la Paz of CB Richard Ellis in Ontario to represent Ozburn-Hessey Logistics.
“Our warehouse and distribution centers are designed with logistics in mind,” Wylde said. “Including nine buildings totaling 3 million square feet the Majestic Airport Center is strategically located near rail lines, roadways and a major airport, giving OH Logistics and its clients access to multiple transportation and distribution channels.”
About Majestic Realty
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, 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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