Jul 15, 2026
A California developer has plans to build a massive industrial park on the Salt River Pima-Maricopa Indian Community. Los Angeles-based Majestic Realty Co. announced July 7 that it has signed a 99-year ground lease for a nearly 1 million-square-foot project on the northeast corner of Pima Road and McDonald Drive off Loop 101. It’s between Talking Stick Resort and Scottsdale Community College. Warehousing, distribution, light manufacturing, assembly and...
Jul 7, 2026
Stewardship and shared vision drive partnership SALT RIVER PIMA-MARICOPA INDIAN COMMUNITY, SCOTTSDALE, AZ. — Majestic Realty Co., the nation’s largest privately-held industrial real estate development company, and the Salt River Pima-Maricopa Indian Community (SRPMIC) today 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...
Jan 28, 2026
CITY OF INDUSTRY, CA – Commerce Construction Co., L.P. a wholly-owned subsidiary of Majestic Realty Co., has named Ryan Merlette, a 20-year industry veteran, as its new president. He takes over the leadership position following the retirement of longtime company president, John Burroughs. In his new role, Merlette will provide leadership to the design and construction teams responsible for executing and delivering both Majestic Realty Co. development projects, as...
Jul 16, 2025
Redlands, Calif. and Walnut, Calif. — Majestic Realty Retail, a division of Majestic Realty Co., has signed leases with four new tenants across its Southern California retail portfolio. Burlington Stores has already opened at Citrus Plaza, a 545,000-square-foot regional lifestyle power center located in Redlands. Total Wine & More and Handel’s Homemade Ice Cream have also opened at Mountain Grove, Citrus Plaza’s 470,000-square-foot sister project....
Jun 11, 2025
FORT WORTH, Texas (June 11, 2025) — Majestic Realty Co. and joint-venture partner Hickman Companies, announced the signing of a long term lease agreement with National Distribution Centers, L.P., doing business as NFI, at the partners’ Fort Worth South Business Park, a 320-acre, master-planned development located just 2.5 miles south of the I-20 and I-35 interchange. NFI, one of the nation’s largest, most reputable third-party logistics providers, will occupy the...
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