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LOS ANGELES, April 16, 2021 /PRNewswire/ Industrial Realty Group, LLC, one of the country s largest owners of commercial and industrial properties, announced today that it has acquired a 1.47 Million square foot industrial site just outside of the Chicago suburb of Joliet, in Rockdale, Illinois.
Industrial Realty Group, LLC announced today that it has acquired a 1.47 Million square foot industrial site just outside of the Chicago suburb of Joliet, in Rockdale, Illinois. The site was the former home of Caterpillar’s hydraulic manufacturing operations.
We are certainly in a period of expansion, primarily as a result of our recent bond offering through Goldman Sachs, said John Mase, Chief Executive Officer of IRG. This is an exciting opportunity to combine IRG s core competencies and convert a former Caterpillar facility from a single-tenant manufacturing facility to a multi-tenant complex capable of accommodating warehous ....

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