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Dermody Properties Acquires 13.53 acres in Riverside, Calif. for new LogistiCenter℠

We recently acquired an approximate 13.53-acre site in the Meridian Business Center in Riverside, Calif. Dermody Properties commenced construction of a 262,260-square-foot cross dock distribution facility, which the company estimates will be complete in Q2 of 2019. The new development will be called LogistiCenter℠ at Park Meridian. LogistiCenter℠, a nationally trademarked brand owned and developed…

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Dermody Properties acquires 265,500 SF logistics building in prime California Inland Empire West submarket

We recently acquired a 265,500-square-foot logistics building in an established industrial business park in Fontana, Calif. Dermody Properties will make improvements to the building in the first quarter of 2019, including upgrading the fire system to ESFR, making aesthetic changes and demising the building into two spaces, although the property will be available to either…

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Dermody Properties Completes 626,439 SF Distribution Center in Dallas

Dermody Properties recently completed Phase 1 of LogistiCenterSM at Dallas, a two-building industrial park located on a 61.725-acre site in south Dallas at Bonnie View Road and Logistics Drive near Interstate 20. Phase 1 of the industrial park includes a 626,439-square-foot distribution center that is expandable to 1.1 million square feet. The Class A distribution…

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National Industrial Developer Dermody Properties Expands to Southern California with Acquisition of 75,960 SF Facility

Dermody Properties, a national real estate investment, development and management company headquartered in Reno, Nevada and specializing in acquisitions and development of industrial real estate in strategic locations across the United States, recently acquired the Bloomfield Industrial Center located in Santa Fe Springs from a private investor. Located at 10712-10748 Bloomfield Ave. this 75,960-square-foot warehouse…

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Elizabeth Teske Recognized as a Woman of Influence by Real Estate Forum Magazine

The editors of Real Estate Forum Magazine have selected Elizabeth Teske as a Southwest Woman of Influence for her achievements in the industrial real estate industry as a standout performer. Teske is Senior Vice President of Property Management at Dermody Properties, a national industrial real estate developer and operator. She is responsible for overseeing the company’s…

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Dermody Properties Names New Southwest Region Partner

Dermody Properties has named 30-year industrial and office real estate veteran Patrick Gallagher as the Partner managing the firm’s newly established Southwest Region Office located in Phoenix, Arizona. Gallagher will spearhead the firm’s ambitious industrial and office development program in the Southwestern United States, focusing on the Phoenix, Denver, Texas and Southern California markets. “I…

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