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GES Leases 856,000 SQ. FT. - Las Vegas, NV
After years of planning, Majestic recently broke ground on an 856,000-sq.
ft. facility in Las Vegas, NV, for GES Exposition Services, Inc. marking the first phase of
construction in Beltway Business Park, a 400-acre commercial development located at I-215
and Decatur Blvd.
The largest tradeshow and event marketing company in North America, GES
Exposition Services specializes in exhibition planning and management. The company selected
Beltway Business Park because of its proximity to major thoroughfares and to the world famous
Las Vegas Strip-the site of many trade shows, special events, exhibitions and conventions.
GES clients include major corporations and many of the world’s largest
trade shows-including the Consumer Electronic Show, the PGA Show, and the National Association
of Broadcasters. Underscoring its commitment to the Las Vegas marketplace, GES signed a 12-year
lease at the Beltway Business Park, which will be developed by Majestic Realty Co. in partnership
with Thomas & Mack Development Group, Inc.
“Majestic is pleased to partner with Thomas & Mack on this project, which is
our biggest development deal in the Las Vegas marketplace and one of the region’s largest lease
transactions ever,” said Ed Roski, Jr., president and CEO of Majestic Realty. “In many ways,
Thomas & Mack is a perfect partner for Majestic, because our family-owned businesses collectively
have more than 100 years of development experience in Las Vegas and throughout the United States.”
The GES property is scheduled for completion in December, at which time the
company will consolidate its Las Vegas operations into the new location.
Rod Martin, vice president and development partner of Majestic stated that
this project highlights the continued growth of the Las Vegas market. Like GES, many of our
tenants are looking for warehousing, manufacturing or distribution facilities that will enable
them to serve multiple markets on the West Coast. Our master-planned business parks-like
Beltway-offer access to a major international airport, and interstate highways, all of which
make Las Vegas an important geographic center for our tenants.
Beltway Business Park is a multi-use business park planned for additional
office and industrial development use. For information about additional sites in the first
phase of development, contact Rod Martin at (702) 896-5564. |
