Dermody Properties Breaks Ground on 1,081,200 SF in Pennsylvania
Dermody Properties recently broke ground on LogistiCenterSM at Midway in Bethel Township, Pennsylvania. Upon completion, the building will offer 1,081,200 SF of space ideally suited for warehouse, distribution or e-commerce. Dermody Properties expects to complete construction in the spring of 2018. LogistiCenterSM at Midway will offer 36 feet of clear height, 60-foot loading bays, 207 car parking stalls (expandable to 309), 368 trailer stalls (expandable to 438), 212 dock doors, four drive-in doors and a generous truck court at 185 feet deep. These features, many of which have become standard at Dermody Properties developments, make the building e-commerce ready.
“Dermody Properties has been investing in the Central Pennsylvania market for over 20 years,” said Douglas Kiersey, President, Dermody Properties. “Our customers are attracted to the market by access to a high percentage of the United States and Canada populations, as well as the presence of a high-quality labor pool.”
LogistiCenterSM at Midway is located at 270 Midway Road in Bethel Township, Penn. on a 136-acre site with direct access to I-78. This transportation-advantaged location puts it within a one-day truck drive of 36 percent of the US population and 60 percent of the Canadian population. Nearby multi-national companies include Samsung, Dollar General, and PetSmart.
“This project emphasizes the focus we have on building modern, flexible-use facilities that allow our customers to reach their consumers quickly and efficiently,” said Eugene Preston, East Region Partner, Dermody Properties. “Over the past four years, Dermody Properties has invested in the Northeast with more than 5 million square feet of new development. All of these projects fit within our strategy of providing premier developments in markets with key demand drivers.”
The building architect is Ware Malcomb and the general contractor is Blue Rock Construction. LogistiCenterSM at Midway is being marketed for lease by Joseph McDermott, Vincent Ranalli, and Jake Terkanian with CBRE.
From left to right: Christian Leinbach, Berks County Commissioner; Chad Neubecker, Bank of Arizona; Doug Lanning and Jeff Zygler, Dermody Properties; Senator David Argall; Michael Dermody, Dermody Properties; Representative Barry Jozwiak; Gene Preston, Douglas Kiersey, and James Mascaro, Dermody Properties.