Industrial Realty Group Expands Portfolio with New Acquisition in Central Georgia

Industrial Realty Group Expands Georgia Presence

On December 18, 2024, Industrial Realty Group, LLC (IRG), one of the nation's leading commercial and industrial property owners, announced its acquisition of a substantial manufacturing and distribution facility located in Dublin, Georgia. Spanning 311,325 square feet, this property represents a strategic addition to IRG's growing portfolio, which already includes 2.3 million square feet in the Central Georgia market.

Justin Lichter, Chief Investment Officer of IRG, expressed enthusiasm for the acquisition, stating, "We thrive in leasing industrial projects positioned in strategic manufacturing and logistics corridors and understand that access is key for today's industrial users." The new site, strategically situated along Interstate 16, offers efficient access between Savannah and Atlanta, making it a vital link to major transportation routes that reach important consumer markets across the U.S. This location will significantly enhance the distribution of goods throughout the region.

The property occupies a 30-acre site that features ample trailer parking, clear heights ranging from 15 to 28 feet, and 33 loading docks, making it well-suited for light manufacturing needs. Additionally, the facility boasts sufficient power supply, crucial for businesses that rely on energy-intensive processes. Notably, this acquisition positions IRG close to the newly developed $7.6 billion Hyundai Metaplant and the Port of Savannah, two key factors that can further boost operational efficiency.

With this new acquisition, IRG demonstrates its commitment to expanding its influence in the Central Georgia industrial sector. The addition of this facility allows IRG to better meet the demands of its current and prospective tenants while continuing to support the growth of the regional economy.

Leasing inquiries regarding the new property can be directed to IRG's Senior Vice President in charge of leasing, Darrell Bossert. For acquisition inquiries, Peter Goffstein, Executive Vice President of IRG, can provide more information.

About Industrial Realty Group

Industrial Realty Group (IRG) is a national real estate development firm that specializes in the acquisition, development, and management of commercial and industrial properties across the United States. With a portfolio that encompasses over 150 properties across 31 states, IRG has established itself as a leader in the adaptive reuse of real estate, tackling some of America's most pressing real estate challenges. Their dedication to strategic growth and innovation continues to position them at the forefront of the industry.

For more information about IRG's vision and current projects, visit their official website at www.industrialrealtygroup.com.