Le Lézard
Classified in: Business
Subject: RLE

IRG Acquires 600,000 Sq. Ft. Industrial Property in Stayton, Oregon


Santiam Industrial Center Poised for Revitalization, Job Creation

STAYTON, Ore., Feb. 7, 2023 /PRNewswire/ -- Industrial Realty Group, LLC (IRG), one of the largest industrial real estate developers in the nation, is proud to announce the acquisition of a 600,000 square foot facility in the mid-Willamette Valley City of Stayton, Oregon.

IRG will acquire 600,000 square foot facility in the mid-Willamette Valley City of Stayton, Oregon.

"Our goal in Stayton is to lease the property to dynamic companies which will provide significant job opportunities. This facility once housed Stayton's major employer for many years," said Stuart Lichter, President of IRG. "We want to bring economic and job opportunities to the community once again."

Located within Oregon's agriculture corridor, Santiam Industrial Center is well-positioned to provide industrial, manufacturing, office, food processing, freezer, and refrigerated space to the market. There are few comparable spaces in the area.

IRG has already begun phased facility improvements to upgrade and revitalize the property. Santiam Industrial Center will remain multi-tenanted with the U.S. Department of Forestry and Oregon Potato Company in a portion of the facility.

Capacity Commercial Group and First Commercial Real Estate will lead leasing efforts.

Leasing contacts:

Mike Hale | [email protected] | (503) 517-7129
Jordan Truitt | [email protected] | (503) 510-3307

About IRG

IRG is a nationwide real estate development and investment firm specializing in the acquisition, development, and management of commercial and industrial real estate throughout the United States. IRG, through its affiliated partnerships and limited liability companies, operates a portfolio containing over 150 properties in 31 states with over 100 million square feet of rentable space. IRG is nationally recognized as a leading force behind the adaptive reuse of commercial and industrial real estate, solving some of America's most difficult real estate challenges. Learn more at www.industrialrealtygroup.com.

For more information, contact:

Lauren Crumrine
Vice President of Marketing
Industrial Realty Group
614-562-9252
[email protected]

SOURCE INDUSTRIAL REALTY GROUP


These press releases may also interest you

at 20:20
John Carswell Announces Holdings in Canso Credit Income Fund
John Carswell announced today that on July 3, 2024, Lysander Funds Limited ("Lysander"), a company which Mr. Carswell beneficially owns, purchased additional Class A Units ("Class A Units") of Canso Credit Income Fund (the "Issuer") pursuant to a...

at 18:50
Wilmington Announces Intention to Sell Lands Held by Bow City 2 Limited Partnership
Wilmington Capital Management Inc. ("Wilmington" or the "Corporation"), as the sole limited partner of the Bow City 2 Limited Partnership ("Bow City Seton"), is pleased to announce the concurrent execution of two purchase and sale agreements...

at 18:00
LANESBOROUGH REIT PROVIDES UPDATE ON FUTURE PLANS AND ANNOUNCES RESIGNATION OF INDEPENDENT TRUSTEES
Lanesborough Real Estate Investment Trust ("LREIT") today provided an update with regards to its plans for future operations following the failure by the holders of its trust units ("Unitholders") to approve a special resolution approving the sale...

at 18:00
Kindred welcomes Jason Daly as our new CEO
Following an extensive search, Kindred Credit Union (Kindred) is pleased to announce Jason Daly as our next chief executive officer. Jason will assume the role on September 1, 2024. As a seasoned financial services executive, Jason has led teams in...

at 17:44
PenFed Foundation and The 9:57 Project Partner to Celebrate Independence Day and Honor Nation's Veterans at Washington Nationals Game
The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, and The 9:57 Project, a veteran-educator nonprofit partnership, celebrated Independence Day and our nation's veterans during pre-game festivities before the July 4 Washington...

at 17:18
Canadian Investment Regulatory Organization Trading Halt - LRT.UN
The following issues have been halted by CIRO Company: Lanesborough Real Estate Investment Trust TSX-Venture Symbol: LRT.UN All Issues: Yes Reason: Pending News Halt Time (ET): 4:59 PM CIRO can make a decision to impose a temporary suspension...

More news about Business...


News published on and distributed by: