Industrial Realty Group (IRG) announced that it has recently acquired a 364,667-square-foot manufacturing and distribution facility centrally located in the Dallas–Fort Worth market.
"This site is an excellent addition to the IRG portfolio given its key location, heavy power, and semitruck dock access,” said Justin Lichter, CIO at IRG. “It really has it all in terms of options for growing companies. IRG has received multiple inquiries from potential tenants, and we are preparing the site for significant renovations to upgrade the facility."
These efforts include improvements to the exterior of the three-building property, as well as adding to the number of dock doors and streamlining the interior layout.
The 10.4-acre property was formerly owned by S&B Technical Products, who will lease back a portion of the facility.
Concurrently, IRG will reposition and improve the facility, shifting the property from supporting a single owner/tenant to a layo
