News: IRG secures 1.38 Million Sq. Ft. Hyundai Translead lease in Joliet, IL
Joliet, Illinois (PRNewswire) -- Industrial Realty Group, LLC (IRG) is pleased to announce the successful execution of a long‑term lease totaling approximately 1.38 million square feet with Hyundai Translead in Joliet, Illinois. This significant transaction further strengthens Joliet’s position as a premier Midwest logistics and manufacturing hub, offering exceptional access to rail, highway, and intermodal infrastructure. The modern facility will support Hyundai Translead’s continued growth in the North American market, providing expansive space for advanced manufacturing, storage, and distribution operations.
IRG’s ability to deliver large‑scale, flexible industrial space was a key factor in securing this lease. The property features high clear heights, ample trailer and car parking, and efficient circulation designed for high‑volume freight activity. Hyundai Translead’s presence is expected to bring new jobs and investment to the region, reinforcing the long‑standing partnership between IRG, local stakeholders, and global manufacturers. This lease underscores IRG’s commitment to revitalizing industrial assets and creating long‑term value for tenants and communities alike.
About IRG
IRG is a nationwide real estate development and investment firm specializing in the acquisition, development and management of commercial and industrial real estate throughout the United States. IRG, through its affiliated partnerships and limited liability companies, operates a portfolio containing over 150 properties in 31 states with over 100 million square feet of rentable space. IRG is nationally recognized as a leading force behind the adaptive reuse of commercial and industrial real estate, solving some of America's most difficult real estate challenges.
Learn more at www.industrialrealtygroup.com.
About Hyundai Translead
Founded in 1989, Hyundai Translead is the leading van trailer manufacturer in North America, producing dry and refrigerated van trailers, flatbeds, truck bodies, and dollies. Headquartered in San Diego, CA, and wholly owned by Hyundai Motor Company, the company leverages advanced engineering and manufacturing to deliver customer-focused transportation solutions. In addition to its manufacturing leadership, Hyundai Translead is also the exclusive distributor of Hyundai's XCIENT Fuel Cell trucks in North America, a sustainable solution designed to expand fleet options towards zero-tailpipe emission logistics.
For more information, visit www.hyundaitranslead.com.
Lauren Crumrine, Vice President of Marketing
Industrial Realty Group, LLC
614-562-9252
lcrumrine@industrialrealtygroup.com