Hudson Valley iCampus

Posts by " Dave Muhr "

Posted on Aug 15,2022

Pfizer $470M Rockland expansion

The Business Journals have learned that informal meetings have taken place between municipal officials and representatives of the pharmaceutical giant Pfizer on the company’s planned $470 million expansion of its Pearl River campus in the town of Orangetown in Rockland County. Pfizer has been in Rockland since acquiring Wyeth Pharmaceuticals in 2009 along with the buildings and acreage owned by Wyeth. In 2015, Pfizer sold 207 acres and 25 buildings at 401 N. Middletown Road in Pearl River that it wasn’t going to continue using to Industrial Realty Group LLC (IRG), which now operates the property as Hudson Valley...

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Posted on 26 Jul

Pfizer to Spend $470 Million to Expand Vaccine Operations

PEARL RIVER—Global pharmaceutical firm Pfizer Inc. reports that it will spend $470 million to expand its vaccine research and development operations here. As Bloomberg first reported, Pfizer confirmed to Real Estate In-Depth that it plans over the next three years to secure necessary approvals and expand and modernize its campus with a new 260,000-square-foot lab building. The project will feature a total of 55,000 square feet of lab space. The new space is expected to be operational in 2026. The plan by the Manhattan-headquartered firm, also calls for the addition of amenities such as a modern café, fitness center, parking garage...

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Posted on Mar 08,2022

Hudson Valley iCampus retains Constellation to manage 23-megawatt power plant

Pearl River, NY Hudson Valley iCampus has signed a long-term Operations and Maintenance (O&M) Agreement with Constellation to assume operations of the property’s existing central utility infrastructure. Hudson Valley iCampus is powered by a 23-megawatt, combined heat and power plant that delivers environmentally conscious and energy-efficient electricity, steam and chilled water to the tenants on the campus. Constellation’s approach to onsite energy operations helps deliver seamless energy service while mitigating interruptions and maintenance stress. The campus is owned by Industrial Realty Group, LLC (IRG), a real estate development and investment firm with more than 100 million s/f of commercial property...

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Posted on Mar 04,2022

New York Region’s Ascension To Biotech Megaregion Still Work In Process

Bisnow features Hudson Valley iCampus in a special report on biotech and life sciences in the region. The reporter notes, “In Pearl River, New York … the Hudson Valley iCampus seeks to draw tenants looking for lab space and lower costs. The 2M SF mixed-use site … is being run and marketed by the Industrial Realty Group. According to campus President Jamie Schwartz, the site is a ‘hot ticket,’ with 200K SF of leases in the pipeline.” BISNOW.COM / March 4, 2022 Ask a New Yorker, and they’ll tell you the suburbs, New Jersey, Connecticut owe their success, in considerable measure,...

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Posted on Mar 01,2022

Constellation to Manage Hudson Valley iCampus Power Plant

Hudson Valley iCampus has signed a long-term operations and maintenance (O&M) Agreement with Constellation to assume operations of the property’s existing central utility infrastructure. Hudson Valley iCampus is powered by a 23-megawatt, state-of-the-art combined heat and power plant that delivers environmentally conscious and energy-efficient electricity, steam and chilled water to the tenants on the campus. Constellation’s approach to onsite energy operations helps deliver seamless energy service while mitigating interruptions and maintenance stress. The campus is owned by Industrial Realty Group LLC (IRG), a real estate development and investment firm with more than 100 million square feet of commercial property across...

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Posted on Feb 24,2022

Hudson Valley iCampus Enters Into O&M Agreement with Constellation to Manage Property’s 23-Megawatt Power Plant

Hudson Valley iCampus has signed a long-term Operations and Maintenance (O&M) Agreement with Constellation to assume operations of the property’s existing central utility infrastructure. Hudson Valley iCampus is powered by a 23-megawatt, state-of-the-art combined heat and power plant that delivers environmentally conscious and energy-efficient electricity, steam and chilled water to the tenants on the campus. Constellation’s approach to onsite energy operations helps deliver seamless energy service while mitigating interruptions and maintenance stress. The campus is owned by Industrial Realty Group, LLC (IRG), a real estate development and investment firm with more than 100 million square feet of commercial property across...

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