MAJESTIC REALTY CO. LEASES OUT 288,000 SQUARE FEET AT BELTWAY BUSINESS PARK

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LAS VEGAS — Nevada Power Company has signed a long-term lease to occupy Building 5 at Beltway Business Park, a 400-acre business park in Las Vegas, from City of Industry, Calif.-based Majestic Realty Co. for an undisclosed price. Located at 7155 Lindell Rd., the facility offers 288,000 square feet, including more than 135,000 square feet of tenant-improved mezzanine office space. Nevada Power is expected to take occupancy in third quarter. Developed by Majestic and Thomas & Mack Co., the Beltway Business Park is slated to consist of 55 buildings and total nearly 6 million square feet when completed in 2012.

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