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LAREDO, TEXAS — California-based Majestic Realty Co. will develop a 423,280-square-foot warehouse within Port Grande, a 1,992-acre, master-planned business park located in the south Texas city of Laredo. The project represents Phase II of development and follows the delivery of 366,080-square-foot building that still has 200,000 square feet available for lease. The new building will feature 32-foot clear heights, 120 dock-high doors, four ground-level doors, 242 trailer parking spaces and 208 automobile parking spaces. A firm timetable for construction has not yet been established.