Hudson Valley iCampus - Pearl River, NY

Industrial Realty Group is a privately held real estate investment and development firm founded by Stuart Lichter and headquartered in Los Angeles, California. With over 100 million square feet under management, the firm operates as one of the largest owners of commercial and industrial properties in the United States. The company operates more than 150 major projects and developments across 31 states, positioning itself as a value-oriented investor focused on long-term hold strategies and adaptive reuse of underutilized or distressed industrial and commercial assets. IRG's business model centers on acquiring obsolete or challenged properties from corporate and government entities, then repositioning them through redevelopment, environmental remediation, and strategic tenant placement. The firm has purchased properties from General Motors, Ford, Goodyear, NASA, IBM, Maytag, Northrop Grumman, and various military bases, typically acquiring sites ranging from 50 to 3,000 acres. A core competency is the conversion of brownfield sites, including NPL Superfund Sites, and the privatization of federal properties such as closed military bases. The company's investment strategy emphasizes job creation and community stabilization, working closely with governmental and economic development organizations. More than 2,000 tenants operate across IRG facilities, including Fortune 100 companies, manufacturers, distribution operators, governmental agencies, third-party logistics providers, and cold storage operators. IRG founded two independent property management companies that have since merged to create IRG Realty Advisors.