Author: Dave Muhr

OPPORTUNITY 4545 Fisher Road is comprised of 3,900,000 square feet, and was originally built in 1968 and occupied by Sears as their primary distribution facility. The facility is a multi-use, multi-tenanted, two-story office, distribution and retail property. The site was later sold to and occupied by Spiegel’s Distribution Fulfillment Services (DFS), which was subsequently sold […]

OPPORTUNITY In 2014, American Greetings began transitioning their headquarters to a newly built location in another suburb, vacating the 1.8 million square foot industrial and office space at their Brooklyn (Cleveland), Ohio campus. The relocation of American Greetings had a significant impact on the city’s income tax revenue, which is inevitable when a Fortune 1,000 […]

OPPORTUNITY The McClellan Air Force base, which stretches 8.5 million sq. ft. and 3,000-acres, once supplied major logistical, repair and maintenance support on the West Coast for World War II, The Korean War, The Vietnam War and Operation Desert Shield/Storm. After being outbid by Hill Air Force Base in Ogden, Utah to perform aircraft overhauls, […]

OPPORTUNITY At one time, Hamilton’s Ohio Casualty building was home to more than 1,000 employees. The company vacated the 428,000 sq. ft. site and sold its three downtown buildings to IRG, who began major renovations in 2018. OUTCOME Originally consisting of eight stories of office space with some adjacent industrial space, IRG has renovated three […]

OPPORTUNITY In 1961, NASA began manufacturing components for the Saturn and Apollo spacecraft missions on the North American Aviation campus in Downey, CA. After its closure, IRG purchased and led redevelopment and remediation at the site, converting it into one of the largest movie production facilities in California (2003 – 2012), and producing blockbusters such […]

OPPORTUNITY In 1976, Randall Park Mall was the largest mall in the world with 200 retailers and some 8,000 parking spaces. Over time, declining sales and failed management efforts to revive the site resulted in anchor tenants vacating. This sealed the site’s future and eliminated a major source of employment and tax revenue for the […]

OPPORTUNITY In the midst of bankruptcy, General Motors announced that it would vacate its 4.5-million-square-foot Moraine plant in 2008, laying off approximately 2,000 people and crippling the community near Dayton, Ohio. In 2011, Industrial Realty Group, LLC (IRG) purchased the 465-acre property from Racer Trust, which cleans and positions GM properties for redevelopment. OUTCOME IRG […]

OPPORTUNITY Lockheed Martin, a Fortune 100 company and one of the largest government defense contracts, wanted to focus on their core business of government defense, rather than the facility management of a 2.1 million square foot site. IRG stepped in to transition purchase and manage the complex, providing strategic cost saving initiatives, enhanced tenant satisfaction […]

OPPORTUNITY IRG Batavia was the former 1.8 million SF Ford Transmission Plant, which provided many jobs to Clermont County Area. The University of Cincinnati was looking to expand its current Clermont County facilities on their existing property, but realized a potential opportunity at the IRG Batavia site through a lead provided by the Economic Development […]