IRG to develop two sites totaling 1msf
Transactions - MARCH 3, 2022

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IRG to develop two sites totaling 1msf

by Released

Industrial Realty Group (IRG), one of the largest industrial real estate developers in the nation, has announced it will begin construction on two sites near The Port of Virginia, part of a collective build-to-suit project for third-party logistics tenant UNIS, an asset-based provider of fulfillment and transportation services.

The project will include a 910,000-square-foot, high-volume, cross-dock terminal in Suffolk, Va., and a 72,000-square-foot transload facility in Portsmouth, Va. Both sites will include significant trailer parking areas.

"We've worked alongside incredible partners to develop a creative plan, unifying the two properties into what will be a highly efficient project for UNIS," said Justin Lichter, senior vice president of IRG. "It's the right tenant, in the right market, with the right conditions. The port's support has been invaluable. It has created a development-friendly atmosphere that fosters growth."

With both sites well-positioned near

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