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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 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 and 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.
“This agreement reflects years of thoughtful planning, collaboration, and a shared commitment to the future of the Salt River Pima-Maricopa Indian Community (SRPMIC). Throughout this process, it was important that the voices of our Community and Allotted Landowners helped shape the vision for this project. We appreciate Majestic’s willingness to build a relationship founded on trust and mutual respect and look forward to creating new economic opportunities that will benefit our Community for generations to come,” said Martin Harvier, President, Salt River Pima-Maricopa Indian Community.
Located at the northeast corner 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 under one million square feet. With building sizes up to 200,000 square feet and divisible to approximately 20,000 square feet, 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.
For Majestic, the approach to the project reflects its long-standing philosophy of being a responsible steward and a trusted partner in every community where it builds. For nearly eight decades, Majestic has prioritized thoughtful planning, sustainable development practices and enduring relationships with stakeholders.
“For nearly 80 years, Majestic has built its business on long-term relationships and projects designed to outlast us – a philosophy that aligns naturally with the Salt River Pima-Maricopa Indian Community’s vision for this land,” said Tanner Tremaine, Vice President at Majestic Realty Co. “We’ve been working alongside the Community leadership for several years to bring this ground lease to fruition, and it’s been a process defined by alignment, trust and a shared vision. We’re incredibly honored to be part of what comes next and to deliver a development that creates lasting value for the Community and the region for generations to come.”
About Majestic Realty Co.
Headquartered in Southern California, Majestic is the nation’s largest, privately-held industrial developer with regional offices in Atlanta, Austin, Dallas – Ft. Worth, Denver, Las Vegas, Laredo, Phoenix, Portland and Bethlehem. The company’s 92-million-square-foot portfolio includes more than 400 buildings that are home to 825 tenants.
About the Salt River Pima-Maricopa Indian Community
The Salt River Pima-Maricopa Indian Community (SRPMIC) is home to two tribes, the Onk Akimel O’odham and Xalychidom Piipaash, more commonly known as the Pima and Maricopa. Located east of Phoenix and bordered by Scottsdale, Tempe, Mesa, and Fountain Hills, the Community encompasses more than 52,000 acres, 19,000 of which are held as natural preserve. Guided by strong leadership, cultural values, and a vision for future generations, SRPMIC is a recognized leader in economic development, operating successful enterprises in gaming, hospitality, retail, communications, construction, and other industries.