NEWS
Dermody Properties Breaks Ground on LogistiCenter® at Pleasant Prairie
Dermody Properties is pleased to announce that WestRock, a global leader in sustainable packaging, has signed a build-to-suit lease at LogistiCenter® at Pleasant Prairie. WestRock is establishing a Great Lakes regional corrugated operations hub and will require more than 580,000 square feet within Wisconsin’s newest rail-served logistics park. “We are pleased that WestRock is entrusting…
The Logistics Campus Wins 2024 Illinois REjournal Award
The project was recognized as the sole winner of the Redevelopment/Historic/Reuse - Industrial category
Dermody Properties Announces the Acquisition of Former We Energies Power Plant
We are pleased to announce the acquisition and planned redevelopment of LogistiCenter® at Pleasant Prairie, the former We Energies Power Plant. The three-building industrial center will total 2,396,000 square feet of building space with flexibility to accommodate build-to-suits from 250,000 square feet to 1M square feet. This industrial facility offers Wisconsin’s newest and only rail-served…
Chicago-area firefighters utilize former Allstate Campus for Fire Training Exercises
Dermody Properties has been working with Chicago-area first responder agencies by offering access to the office buildings on the site of the former Allstate Campus, prior to their demolition, for key fire and police trainings. For the last two weeks, hundreds of firefighters from across the state, including the Village of Glenview Fire Department have…
Dermody Properties Breaks Ground on The Logistics Campus
Converting Office Space into 3.2 Million Square Feet of Industrial Space, the Project Marks a Major Milestone in the Era of e-Commerce and Work From Home We broke ground Thursday, Oct. 27 on The Logistics Campus, a planned, 10-building development. The Logistics Campus is located at the site of the 232-acre former Allstate Corporation (NYSE: ALL)…
Dermody Properties Acquires Allstate Campus, Plans to Break Ground on The Logistics Campus
Today, we announced the acquisition of the Allstate Corporation (NYSE: ALL) corporate campus in Glenview, Ill. The 232-acre site will become a logistics-focused campus designed to serve logistics customers who value immediate access to local consumers, including the high density and affluent communities of the northern and northwest suburbs of Chicago. The Logistics Campus is…
Dermody Properties Announces the Acquisition of 2800 Forbs Avenue in Hoffman Estates, Illinois
We recently announced the acquisition of 2800 Forbs Avenue in the Northwest Cook County submarket of Chicago. The 135,940-square-foot, Class A warehouse and distribution center is available for lease and located within Prairie Stone Business Park at Interstate-90 and Route 59, just twenty minutes from O’Hare International Airport. Surrounded by forest preserve, Prairie Stone business…
Dermody Properties Announces Lease of 208,320 Square Feet in Louisville to Fisher & Paykel Healthcare
We are pleased to announce the lease of LogistiCenterSM at Louisville Airport Building 3 to Fisher & Paykel Healthcare, a leading designer, manufacturer and marketer of products and systems for use in acute and chronic respiratory care, surgery and the treatment of obstructive sleep apnea. Beginning this summer, the customer will lease the entire building totaling…
Dermody Properties Grants a $5,000 Annual Thanksgiving Capstone Award to Saint Alphonsus Liguori Food Pantry
We have announced the recipients of the annual Dermody Properties Thanksgiving Capstone Award. Saint Alphonsus Liguori Food Pantry (SALFP) seeks to provide food to families needing assistance living in Prospect Heights, Wheeling and Mount Prospect, Ill., and has received $5,000 to assist in ensuring these communities have access to an adequate and nutritious source of…
Dermody Properties Hires Barbara Hazlett as Investment Manager
We are pleased to welcome Barbara Hazlett as Investment Manager in the Midwest region. Based in the Chicago office, Hazlett will support Neal Driscoll, Midwest Region Partner, in all acquisition, development, leasing, marketing and property management efforts in the region. “Barbara brings with her more than two decades of experience in real estate planning, project…