On the far western edge of the Salt River Pima-Maricopa Indian Community, Majestic Realty is locking in for the long haul with a 99-year ground lease that could reshape a key slice of Phoenix’s industrial scene. The developer plans to turn roughly 59 acres into a light-industrial campus that may reach about 1 million square feet, with up to eight Class-A buildings aimed at modern logistics users and long-term flexibility. The site is expected to plug directly into the Loop 101 corridor, with construction targeted to start in 2027.
Deal details and scope
In a press release from Majestic Realty Co., the company confirmed it has signed a 99-year ground lease with certain allotted landowners, while keeping financial terms under wraps. The plan calls for building footprints of up to about 200,000 square feet, with the ability to carve spaces down to roughly 20,000 square feet. Designs include dock-high doors and institutional-grade amenities that are standard for large national tenants. Company leaders described the deal as the result of years of work with community officials to pair economic development with cultural stewardship.
Where it will sit
The project is slated for the northeast corner of North Pima Road and East McDonald Drive, with direct access to Loop 101, according to AZ Big Media. The outlet reports the development is in planning and predevelopment, with an anticipated groundbreaking in 2027. The location was selected for its connectivity to the broader Phoenix distribution network, putting future tenants within easy reach of major Valley submarkets.
Tribal partnership and permitting
Majestic says this marks its first ground-lease partnership with a tribal community, while Salt River leaders are framing the agreement as a way to build long-term economic opportunity without sidelining community values. The Salt River Pima-Maricopa Indian Community’s public calendar lists an application from Majestic NOMAC LLC seeking a Business Lease (B-300) covering 59.001 acres, a rezoning to “LI” Light Industrial and multiple conditional use permits, all of which require council review. The notice and related documents are posted on the Salt River Pima-Maricopa Indian Community website, laying out the formal steps that still stand between the concept and a construction start.
Market backdrop
The timing drops into a Phoenix industrial market that continues to tighten. CBRE reported about 4.7 million square feet of net absorption in Q2 2026, with vacancy edging down to roughly 9.6 percent. That demand, combined with a healthy construction pipeline, has kept big institutional players active across the Valley. A Q1 snapshot from Colliers tallied nearly $991 million in industrial sales spread across 61 deals, a figure that underscores how eager investors remain for modern distribution and logistics space.
What’s next
The project is still working its way through planning, predevelopment and the Salt River community approval process before any dirt can move. Developers expect construction to begin in 2027, according to Bisnow. If that schedule holds, the park could bring new industrial capacity and jobs to one of Phoenix’s busiest logistics corridors, with community review and permitting ultimately determining how the final plan takes shape.
