Industrial Realty Group Says Former GM Plant in Shreveport Reaches Full Occupancy After SLB Lease Expansion

Industrial Realty Group announced July 2 that the former General Motors assembly and stamping plant in Shreveport, Louisiana, has reached full occupancy following an expanded long-term lease with SLB. The milestone caps the repositioning of one of North Louisiana's largest industrial assets. Radom Capital is also identified as a participant in the transaction.

SLB Anchors the Former GM Site

SLB serves as the anchor tenant at the site. According to Industrial Realty Group's June 30 press release, titled "IRG Expands Long-Term Lease with SLB, 3.5 Million Sq. Ft. Site Now Fully Leased," the 3.5 million-square-foot complex is now fully leased as of that date. Additional details regarding lease terms, tenant mix, square footage allocations, and financial terms were not disclosed in the available source material.

Site History and IRG's Repositioning Strategy

Industrial Realty Group has pursued a strategy of repositioning large legacy industrial assets across the United States. The firm's recent press releases reference concurrent projects in Dayton, Ohio; Western Pennsylvania; Wichita, Kansas; the Chicago area; Auburn, Washington; and Mexico, reflecting a broader portfolio of adaptive reuse activity.

Full Occupancy Reflects Broader Industrial Demand

The full-lease announcement follows a series of recent Industrial Realty Group transactions, including a 1.38 million-square-foot lease with Hyundai Translead near Chicago, a portfolio expansion in Mexico totaling 600,000 square feet, and a construction milestone on a 612,000-square-foot project in Auburn.

Sources

Industrial Realty Group — Shreveport Former GM Plant Fully Occupied (July 2, 2026)