Industrial Realty Group (IRG) Closes On Steris Plant In Erie

Steris Corporation announced they closed on the sale of their 525,000 sq ft manufacturing complex on 25 acres in Erie, PA. Industrial Realty Group (IRG) purchased the property for $5 million. Steris will lease 100,000 sq ft for the administrative and engineering staff it maintains in Erie. The IRG venture in Erie, which is called Erie Commerce LLC, is working on finding tenants for the rest of the property. They said the Erie area has a 9 year inventory of industrial properties based on recent leasing and sales activity.