Majestic Realty Co.
Press Release
December 30, 2002
Steelcase Inc. Celebrates Grand Opening in
City of Industry
CITY OF INDUSTRY, Calif. (December 30, 2002) - Steelcase
Inc., a leading maker of fine office furnishings, just celebrated the grand
opening of its new, 450,000-sq. ft. regional offices and manufacturing and
distribution center in the City of Industry. The facility is located in the
Majestic Grand Crossing industrial park at 388 Mayo Avenue.
At a festive grand opening celebration held Dec. 14,
complete with food, entertainment and face painting for employees’ children,
Steelcase officials said they were pleased to be in the City of Industry.
"By moving to this state-of-the-art facility, we will be
able to streamline our manufacturing and distribution process," said Mark
Baker, Vice President, Steelcase Inc. Previously, the company was located
in Tustin.
City officials and other civic leaders were on hand at the
event to welcome the company to the San Gabriel Valley. Meanwhile, Steelcase
employees and their families used the opportunity to tour the new facility for
the first time.
"Steelcase is a leader in the office furnishing industry,
and we are so proud to welcome this company to Grand Crossing and to City of
Industry," said Kent Valley, broker for Majestic Realty Co., the owner-developer
of Majestic Grand Crossing.
To be developed in six phases, Grand Crossing is a 400-acre
business park that will feature 25 state-of-the art buildings encompassing 6.4
million sq. ft. of industrial space and 200,000-sq. ft. of space for big box
retail at build-out. Steelcase joins a tenant roster at Grand Crossing,
including SYNNEX Information Technologies; W.A.C. Lighting Co., and IN WIN
Development (USA) Inc.
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 50 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.
Headquartered in City of Industry, Majestic Realty
also has offices in Atlanta, Denver, and Las Vegas. For more information, visit
www.majesticrealty.com.
Media Contact:
Fran Inman
Senior Vice President
(562) 948-4375
finman@majesticrealty.com |