Real Estate Weekly / April 19, 2022
Hudson Valley iCampus Welcomes Momentive Performance Materials to Pearl River, N.Y., property
PEARL RIVER—Hudson Valley iCampus is pleased to announce that Momentive Performance Materials Inc. (Momentive), a global high-performance silicones and specialties company, has signed a lease for 66,430 square feet at the 207-acre premier business and research campus, owned by industry leader, Industrial Realty Group, LLC. Momentive is relocating from Tarrytown, N.Y, to open a Global Innovation Center (GIC) in early 2023 to support its growing Performance Additives business.
“I’m very excited to welcome the Momentive team to the Hudson Valley iCampus,” said Jamie Schwartz, President of Hudson Valley iCampus. “We’re proud Momentive recognized the value of our first-class management team, existing infrastructure, and location. The GIC will be in good company on our campus, where we have created an environment conducive to innovation, ingenuity and industry that offers an outstanding setting for long-term growth.”Read full article