By Majestic Realty Company
Majestic Realty Company and the Salt River Pima-Maricopa Indian Community announced a historic partnership and 99-year ground lease agreement that will serve as the foundation of a new, best-in-class light industrial project serving the Community and the greater Phoenix metro area.
The agreement, Majestic’s first ground lease with a tribal community in the United States, is the result of a thoughtful and strategic partnership between Majestic, SRPMIC and certain Allotted Landowners of Land within the SRPMIC.
Through an inclusive process, the partnership brought community voices to the table early, helping shape a shared development vision that balances economic growth with cultural stewardship. On the Majestic side, the partnership was led by Brett Tremaine, Tanner Tremaine, Tom Simmons and Brandon Kline, who worked closely with Community leadership over several years to shape an agreement grounded in a collective, long-term vision. On the SRPMIC side, this effort includes the Community Council, Allotted Landowners, and SRPMIC staff.
Located at the NEC of North Pima Road and East McDonald Drive and with easy access to the Loop 101 (Pima Freeway), the 59-acre project is currently in the planning and predevelopment phase. The development will emphasize thoughtful site integration while maximizing regional connectivity, logistics efficiency and employment growth. Financial terms of the agreement were not disclosed.
With an anticipated groundbreaking in 2027, the development is expected to feature up to eight Class-A light industrial buildings totaling just less than 1MSF. With building sizes up to 200KSF and divisible to approximately 20KSF, each building will feature dock-high doors and the latest amenities and safety features found in today’s best-in-class light industrial product.
A first-of-its-kind development in the SRPMIC, the project will be designed and built to the highest institutional standards and engineered for long-term adaptability, supporting a wide range of tenants and uses not previously available within the Community. The project is positioned to generate long-term economic benefit and employment opportunities for the Community and the broader region. (Source: Majestic Realty Co.)
