IRG Acquires Significant Industrial Site
Industrial Realty Group, LLC (IRG) has made a substantial addition to its industrial property portfolio with the acquisition of a 311,325 square foot manufacturing and distribution facility. This site, located strategically in Central Georgia, not only expands IRG's portfolio but also reinforces its commitment to enhancing logistics and distribution capabilities.
Expansion in Georgia's Industrial Sector
IRG continues to grow its footprint in the Central Georgia region, building on its existing presence of 2.3 million square feet. Justin Lichter, Chief Investment Officer at IRG, highlights their strategic approach, stating, "We thrive in leasing up industrial projects positioned in strategic manufacturing and logistics corridors, understanding that access is key for today's industrial users." This vision targets the growing demand for efficient logistics services.
Prime Location and Infrastructure
Positioned conveniently along I-16, the new property boasts excellent access between key markets, connecting important U.S. consumer bases. The strategic location near major cities increases the facility's attractiveness for manufacturing and distribution companies aiming to optimize their operations.
Site Features and Future Prospects
The property spans 30 acres and is equipped with essential features that cater to modern industrial needs. These include ample trailer parking, clear heights ranging from 15 to 28 feet, 33 loading docks, and sufficient power for light manufacturing operations. Furthermore, its proximity to the significant $7.6 billion Hyundai Metaplant enhances the potential for robust manufacturing partnerships, and its closeness to the Port of Savannah facilitates streamlined distribution.
About Industrial Realty Group
IRG is a recognized leader in real estate development and investment, specializing in the management and acquisition of commercial and industrial properties across the United States. The firm, through its affiliates, manages an impressive portfolio of over 150 properties in 31 states, totaling more than 100 million square feet. Known for its innovative solutions to real estate challenges, IRG plays a pivotal role in the adaptive reuse landscape.
Contact Information
For lease inquiries, interested parties can reach out to Stuart Pendley, Senior Vice President, at 678-585-7628 or contact Darrell Bossert, Senior Vice President at IRG, at 440-539-4160. Additionally, for acquisition inquiries, Peter Goffstein, Executive Vice President, can be reached at 513-404-6401.
Media Contact
Lauren Crumrine, Vice President of Marketing at IRG, is available for press inquiries at 614-562-9252 or via email at lcrumrine@industrialrealtygroup.com.
Frequently Asked Questions
What is the size of the industrial facility acquired by IRG?
The recently acquired facility spans 311,325 square feet.
Where is the new industrial site located?
The site is strategically situated in Central Georgia, near key transportation routes.
What are some features of the new property?
Key features include 30 acres, clear heights of 15 to 28 feet, 33 loading docks, and substantial trailer parking.
Who should I contact for leasing inquiries regarding the new site?
Leasing inquiries can be directed to Stuart Pendley at 678-585-7628.
What type of company is IRG?
Industrial Realty Group, LLC is a leading real estate development and investment firm, focusing on commercial and industrial properties across the U.S.
