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ADC News

Canton’s Hall of Fame Village set to open later this summer: What’s happening with Phase 2

May 31, 2022

Two weeks ago, we told you that the naming rights sponsor of Canton’s Hall of Fame Village wanted out of the deal. But that doesn’t mean the project is dead. In fact, organizers tell me it’s very much alive and they are really about to get things spinning.

IRG Raises Bond Offering of $275 Million

Los Angeles Business Journal
February 28, 2022

Sawtelle-based Industrial Realty Group has completed a bond offering of $275 million, bringing its total financing in the last year to more than $1 billion. The bond offering of $275 million was senior unsecured notes, which the commercial real estate development and investment company plans to use to refinance existing mortgages, reduce the cost of capital and secure low interest rates.

Commerce Center Expanding in Fernley

February 22, 2022

We’ve heard a lot about supply chain issues over the last few years. Here in northern Nevada, a real estate firm is investing in our railways.

Industrial real estate is ‘as strong as we’ve ever seen’: IRG CEO

Yahoo! finance
March 23, 2021

John Mase, Industrial Realty Group CEO, joins Yahoo Finance’s Alexis Christoforous to discuss the impact of the pandemic on industrial real estate.

Major industrial real estate developer bringing railroad park to Fernley

Nevada Appeal
November 18, 2020

Industrial Realty Group, one of the nation’s largest industrial real estate developers, has purchased the Western Nevada Rail Park east of Fernley to construct a major railroad freight operations site. Justin Lichter, vice president of IRG, said the Western Nevada Commerce Center, “will fulfill a unique need in the market.”

Former Disney Executive Aims to Score With Disneyland of Football

The Wall Street Journal
August 4, 2020

A former Walt Disney Co. executive, shrugging off the coronavirus pandemic and volatile capital markets, is pushing ahead with plans to build what he calls the Disneyland of football.

These Sites No Longer Make Goods. Now They’ll Get Them to You Faster

The New York Times
December 13, 2018

Disney Alum Hired to Bring Pizzazz to Pro Football Hall of Fame

December 13, 2018

The development project around the Pro Football Hall of Fame is getting a dose of Disney. Mike Crawford, a former Walt Disney Co. executive who led the the company’s Shanghai theme park, was named chief executive officer of the $889 million project known as the Johnson Controls Hall of Fame Village in Canton, Ohio.

Former McClellan Air Force Base Wins “National Federal Facility Excellence in Site Reuse” Award

May 7, 2018

The Air Force Civil Engineer Center’s Base Realignment and Closure division won the U.S. Environmental Protection Agency’s first annual National Federal Facility Excellence in Site Reuse award in the National Priorities List-BRAC category for its efforts at the former McClellan Air Force Base, May 2, 2018.

A Bold, Expansive Vision for Canton’s Pro Football Hall of Fame

The New York Times
August 22, 2017

Pro Football Hall Of Fame’s $700 Million Expansion Will Be Like Disney For Football Fans

Forbes Magazine
August 5, 2017

The $700 million expansion project at the Pro Football Hall of Fame isn’t merely an addition, it’s a reimagination. Hailed as the first-ever sports and entertainment “Smart City,” the Johnson Controls Hall of Fame Village consists of ten major components and will be unlike anything sports fans have ever experienced in one venue.

Pro Football Hall Of Fame Debuts Tom Benson Hall Of Fame Stadium

Forbes Magazine
August 3, 2017

The NFL season kicks off at 8 p.m. this evening when the Dallas Cowboys meet the Arizona Cardinals in the newly refurbished 23,000-seat Tom Benson Hall of Fame Stadium on the Pro Football Hall of Fame’s campus in Canton, Ohio for the annual Hall of Fame Game.

Pro Football Hall Of Fame Scores Nine Figure Naming Rights Deal

November 18, 2016

The Pro Football Hall of Fame in Canton, Ohio has just scored one of the richest naming rights deals in sports with Johnson Controls, a diversified technology and multi-industrial leader that serves customers in more than 150 countries.

13 Game-Changing NFL Stadiums

Forbes Magazine
September 12, 2016

Not every NFL stadium revolves around a Colin Kaepernick controversy. Most attract attention on their own merit. With 20 glistening, über sleek pro football venues modernizing cityscapes in the last 20 years, it’s time to take inventory—a stadium tour.

America’s abandoned factories in hot demand

CNN Money
April 11, 2016

Vacant commercial spaces are in high demand as both startups and multinationals look for facilities to house their U.S. operations. Several factors are driving this trend, according to Stuart Lichter, president of Industrial Reality Group, one of the largest owners of U.S. commercial real estate.

Sale of Weyerhaeuser’s Federal Way campus means more intensive development

The Seattle Times
February 9, 2016

Los Angeles-based Industrial Realty Group paid $70.5 million Tuesday for the Federal Way campus of Weyerhaeuser and says it plans to sell off large pieces for redevelopment.

Pfizer campus buyer: Bring millennials to Pearl River

December 1, 2015

What will Pfizer’s sprawling campus look like under its new owner? The president and chairman of California-based Industrial Realty Group, which just bought 200 acres from the pharmaceutical giant, was in Pearl River on Tuesday to lay out the company’s vision for the 2 million square feet and dozens of buildings it now owns.

Pfizer sells 200 acres in Pearl River

November 18, 2015

Pfizer has sold about 200 acres of its property here to a real estate group that wants to create a campus that would mix science, technology, educational and retail businesses.

Pro Football Shrine Taps Into Its Inner Disney

The Wall Street Journal
May 19, 2015

The Pro Football Hall of Fame plans to dip into Walt Disney’s playbook to build a sports version of the famed entrepreneur’s theme parks.

Rebirth of America’s dead factories

CNN Money
April 22, 2014

The past two decades have been brutal for American manufacturing as companies shifted production overseas and introduced high-tech systems that eliminated jobs. Many of these once-thriving hubs have been idle for years, but that’s starting to change. “Demand for closed factories has picked up since the recession,” said Stuart Lichter, president of Industrial Realty Group, which works with defunct commercial property.

Renaissance Man

Forbes Magazine
October 5, 2009

Stu Lickter finds treasure in the Midwest’s gutted manufacturing corridor.