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Brendan Egan Named IAMC “Recruiter of the Year”

We would like to congratulate Brendan Egan, Vice President and National Account Manager, for being selected as Industrial Asset Management Council’s (IAMC) “Recruiter of the Year.” IAMC is the leading trade association for corporate real estate executives focused on industrial. With a focus on professional development, networking and leadership training, Brendan received the award for…

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Elizabeth Teske Named a GlobeSt CRE 2021 Woman of Influence

Dermody Properties is pleased to share that Elizabeth Teske, Senior Vice President, Property Management, was selected as a 2021 Woman of Influence by GlobeSt. Real Estate Forum. Over 700 submissions were made for the program, and we are very proud of Liz for being selected as one of the finalists as she truly deserves the…

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Global Trade Magazine Names Elizabeth Kauchak to Women in Logistics Spotlight

Dermody Properties is pleased to share that Elizabeth Kauchak, Chief Operating Officer, was recently recognized in a Women in Logistics spotlight for Global Trade Magazine. The recognition highlights women who are redefining the industry and who play a crucial role in operations and culture within their respective organizations. Elizabeth is one of only 11 women…

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Creating change in logistics real estate through sustainability, diversity and dedication to mission

At Dermody Properties, our mission is to create satisfied customers by providing responsive service and innovative real estate solutions, thereby sustaining long-term relationships and customer referrals.  We abide by this mission in everything we do, and we appreciate Institutional Real Estate, Inc. (IREI) for giving a few members of our executive team – Michael C.…

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Dermody Properties Acquires 50 Knickerbocker Road in Moonachie, New Jersey

We are pleased to announce the acquisition of 50 Knickerbocker Road, a +/-72,045-square-foot warehouse on 2.95 acres of land in the Bergen County township of Moonachie. Dermody Properties plans to transition the building from a manufacturing and warehouse facility to a traditional warehouse in a Class A+ location.  Capital improvements will include repaving the truck…

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Dermody Properties Promotes Robert Borny, CCIM to Partner

We are pleased to announce the promotion of Robert Borny, CCIM to Partner. Borny has been with the company since October 2017 and previously held the position of Senior Vice President of Capital Deployment in the East Region. This new role took effect on July 1. “In the three and a half years he’s been…

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Dermody Properties Leases 7580 Cherry Avenue in the Inland Empire to Pacific PPE Corporation

We are pleased to announce the lease of 7580 Cherry Avenue to Pacific PPE Corporation (3PE), a group of manufacturing entrepreneurs dedicated to providing high-quality personal protective equipment to help save lives. 3PE will occupy the entire 84,364-square-foot building for five years. Situated in the heart of the Inland Empire West marketplace, the property benefits from…

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Dermody Properties Leases Part of LogistiCenter℠ at 78-81 to The Hillman Group

We are pleased to announce the lease of LogistiCenter℠ at 78-81, located at 501 Old Forge Road in Lebanon County, to The Hillman Group. An industry leader in builder solutions, The Hillman Group will occupy 186,900 square feet of the 405,000-square-foot facility and use it primarily for distribution of their construction fastener materials to national hardware…

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Dermody Properties Closes Industrial Fund at $1.1 Billion

We announced the closing of our third commingled fund, the Dermody Properties Industrial Fund III, L.P., (DPIF III), on June 2, 2021. DPIF III raised $1.1 billion, exceeding its target fundraising goal of $800 million. Investors in DPIF III include public and corporate pension funds, insurance companies and other institution­­­al investors. Nearly all the first…

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Dermody Properties Leases 16,913 Square Feet in Northern California

We are pleased to announce the partial lease of LogistiCenter SM at Rohnert Park to a popular beverage company. The building construction was recently completed, and the customer will occupy 16,913 square feet of the 69,550-square-foot building, which will serve as its North Bay distribution facility. “LogistiCenterSM at Rohnert Park is a rare opportunity for customers…

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