Industrial Realty Group, LLC (IRG)

Industrial Realty Group, LLC (IRG) is a privately-held real estate development and investment firm headquartered in Los Angeles, California. The company specializes in the acquisition, development, and management of commercial and industrial real estate across the United States. IRG's core mission involves solving complex real estate challenges, particularly through the adaptive reuse of obsolete buildings, corporate campuses, former military bases, and industrial complexes, including the conversion of Brownfield sites into productive assets.

IRG's services encompass the entire real estate lifecycle, from acquisition and development to asset management, disposition, property management, facilities management, project management, advisory services, and transaction management. The firm manages a diverse portfolio of over 150 properties spanning 31 states, totaling more than 100 million square feet of rentable space. Its portfolio includes industrial and warehouse buildings, offices, apartments, mixed-use projects, retail spaces, business parks, airfields, hotels, marinas, and storage facilities.

In May 2026, IRG announced a strategic combination with Sachem Capital Corp. (NYSE American: SACH) to create IRG Realty Trust, Inc. (IRGT), a new publicly traded industrial REIT. IRG is contributing 98 industrial assets to IRGT, which is projected to have an implied enterprise value of approximately $3.4 billion, positioning it as a top-10 publicly listed industrial REIT. IRG will maintain a significant ownership stake, holding approximately 94.1% of IRGT through operating partnership units. Stuart Lichter serves as the President, Founder, and Chairman of the Board, with Greg Hipp as Chief Operating Officer and Justin Lichter as Chief Investment Officer.