by Michael Sadowski, Central Penn Business Journal
Almost 2 million square feet of warehouse space is going up in a new business park in Lebanon County after Dermody Properties broke ground Wednesday for its LogistiCenter at 78-81.
The planned 405,000-square-foot facility at interstates 78 and 81 in Union Township — hence the name — is a speculative build by Reno, Nev.-based Dermody Properties. The project’s contractor is R.S. Mowery and Sons Inc. of Silver Spring Township.
Gene Preston, Dermody’s eastern region partner, said he is optimistic about the chances of getting a “world-class tenant” to occupy the building by the time it’s complete.
He said construction on the facility could finish as soon as the end of March 2016. Preston said Dermody does not reveal the construction costs for its projects.
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