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Transactions - FEBRUARY 7, 2023

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IRG acquires 600,000sf industrial property in Stayton, Ore.

by Released

Industrial Realty Group, LLC (IRG), one of the largest industrial real estate developers in the nation, has acquired a 600,000-square-foot facility in the mid-Willamette Valley City of Stayton, Ore.

“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 multitenant, with the U.S. Department of Forestry and Oregon Potato Company in a portion of

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