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Dermody Properties announces LEED Silver Certification of Penn Jersey’s corporate headquarters and distribution center

RENO, Nev. – Dermody Properties, parent company of DP Partners, has announced that the Penn Jersey (PJP) corporate headquarters and distribution center completed in Philadelphia in April 2011, has achieved LEED (Leadership in Energy and Environmental Design) Silver Certification from the U.S. Green Building Council (USGBC). LEED Certification is awarded for buildings that are energy efficient and environmentally sustainable in design and operation.

The PJP facility received LEED Silver Certification because of its sustainable features that reduce energy consumption through the use of motion sensor lighting, efficient plumbing fixtures and its capacity to regulate 100 percent of storm water on-site in order to reduce pollution caused by runoff. The building is designed to achieve an energy savings of 40 percent and a water use savings of more than 35 percent.

Dermody Properties believes in sustainability through superior design and materials to achieve energy efficient and environmentally conscious facilities for its clients, as demonstrated when developing the 255,336 square foot corporate headquarters and distribution center for PJP. The LEED Certification of the PJP corporate headquarters and distribution center is the fifth LEED Certified project for Dermody Properties. As an active member and supporter of the USGBC, Dermody Properties has developed 2.2 million square feet of LEED Certified projects in the past three years with a team of LEED-Accredited Professionals (LEED-AP). All of these buildings are 100 percent occupied.

“I want to praise Dermody Properties for the LEED Silver Certification designation for the Penn Jersey Corporate Headquarters,” said Philadelphia Mayor Michael A. Nutter. “Environmentally conscious and energy efficient buildings are crucial for a more sustainable future. The City of Philadelphia encourages private enterprises to be eco-friendly as we work to become the greenest City in America.”

“It is important to Dermody Properties to help build better businesses through green initiatives and environmentally aware practices,” said James V. Mascaro, LEED-AP and Development Director for the Eastern Region office of Dermody Properties. “The importance of LEED certified projects is significant because of the reduced impact on the environment and the local community. Building to LEED rating system standards provides better facilities for our clients and for the environment.”

Dermody Properties implements conscientious site design in order to reduce the impact on the land and environment around a facility by using recycled materials as well as water and energy efficient systems to reduce use. Dermody Properties also uses natural lighting and temperature-control systems to improve indoor air quality to promote employee well being and increase productivity.

“We would like to thank Penn Jersey for allowing us to work with them on their impressive corporate headquarters and distribution center,” said Michael Dermody, CEO/Chairman of Dermody Properties. “I’d like to give special recognition to our Eastern Region office team members for their commitment and efforts to help PJP achieve this status.”

PJP’s corporate headquarters and distribution center is located on 30 acres of land at 9355 Blue Grass Road in northeast Philadelphia, and was developed via a joint venture between Dermody Properties and Boston-based Great Point Investors LLC.

About Dermody Properties:
Dermody Properties is a privately held national industrial real estate development company. Founded and headquartered in Reno, Nev., it has regional offices in Portland, Ore., Philadelphia, Pa., and Chicago, Ill., as well as property holdings in Las Vegas, Nev., Harrisburg, Penn., Savannah, Ga., and southern New Jersey. Over the last three years, Dermody Properties has developed and purchased more than 5.2 million square feet and leased approximately 1 million square feet annually. Over its 50-year history, the company has developed and leased more than 35 million square feet of high quality industrial/distribution facilities to many Fortune 500 companies and other well-respected firms. Dermody Properties currently has more than 3.5 million square feet of industrial space that is 90 percent occupied, and is actively doing build-to-suits and joint ventures throughout the nation. To learn more about Dermody Properties visit www.Dermody.com.