IRG and PREP Funds Welcome Powerhouse Company PROtect to Wichita Business Park
The City's Fourth Largest Revenue Producer Prepares to Relocate
National Headquarters, Warehouse Operations to State-of-the-Art Facility
PROtect, a national provider of safety, reliability, and compliance services and the fourth largest revenue producer in the city of
"
"We could see right away that PROtect would be a great fit as
Throughout the
With 22 locations and over 750 employees nationwide,
"We've had an excellent experience with the development team. They helped us create an economically feasible plan and the result will be a beautiful, collaborative space that allows us to bring together our Corporate Headquarters and one of our largest operations offices in the country into the same building," said
In August, PROtect announced a partnership with sentin GmbH, a German based company specializing in AI-driven inspection automation, which made them the first North American inspection provider to offer comprehensive AI-powered inspections.
IRG and PREP Funds believe the addition of this cutting-edge technology tenant will help attract additional tenants to the 26-acre project, which has flexible zoning, superior logistical positioning and customizable design options.
"We're in discussion with multiple tenants and hope to have more announcements in the near future," said
For more information about leasing options, visit NAI's website.
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 PREP Funds
PREP Funds is a commercial real estate fund management and advisory firm. Founded in 2020, PREP Funds focuses on acquisition and development strategies across healthcare, industrial, and retail. PREP Funds is a manager and sponsor of real estate investment funds across sectors with durable fundamental tailwinds. This includes a $100MM value-add opportunities fund that invests in industrial and retail redevelopment projects that meet desired criteria allowing for a transformation of existing properties to enhance value and functionality. Learn more at www.prepfunds.net.
About PROtect
PROtect is a leading national provider of safety, reliability, and compliance services. Serving a diverse array of industries including refining, petrochemical, renewable fuels, manufacturing, food & beverage, fertilizer, and oil & gas, the company's foundation is built on decades of practical expertise. They specialize in protecting companies from unnecessary risks related to employee injury, property damage, liability, unplanned downtime, and regulatory non-compliance. PROtect is committed to providing best-in-class solutions. PROtect is owned by Sterling Investment Partners, a private equity firm based in
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SOURCE Industrial Realty Group, LLC
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