NEWS
Dermody Properties to Develop a Three-Building Logistics Park in New Jersey
We will begin construction this spring on a 154-acre park for a planned, three-building development in Woolwich Township, Gloucester County, New Jersey. The project will be marketed as LogistiCenter℠ at Woolwich. CBRE has been selected as the exclusive agent for the park. Once complete, the three buildings will offer 262,200 square feet, 552,585 square feet…
Investors look to secondary markets for industrial and logistics investments
John Ramous, Partner in Nevada, recently contributed to an Institutional Real Estate, Inc. article which highlighted Reno, Nevada, as a thriving secondary market for the industrial and logistics industries. Dermody Properties has its roots and is headquartered in Reno, and we have always strongly believed that the region provides strategic value and has significant longevity…
Dermody Properties Promotes Kimberly Rossiter to Director of Property Management, West
We recently announced that Kimberly Rossiter has been promoted to Director of Property Management, West. In this role, Rossiter oversees operations and property management activities across the Western United States. She reports to Elizabeth Teske, Senior Vice President of Property Management. “Kimberly has more than 23 years of experience in the development industry and has…
Dermody Properties Hires Ryan Sikorski as Vice President of National Accounts
We are pleased to welcome Ryan Sikorski to our team as Vice President of National Accounts. Sikorski is based in the Chicago office and will work closely with the senior leadership team on national development initiatives. Prior to joining Dermody Properties, Sikorski spent eight years at Modlo, the logistics real estate operating platform of GLP Capital…
Dermody Properties Leases 104,878 Square Feet in Ontario
We have leased the property at 3120 E. Mission Blvd. to a national, privately-owned distributor of shipping, industrial and packaging materials. “With close proximity to Ontario International Airport and several major freeways, this location places the customer within the heart of one of the nation’s most sought-after industrial markets,” said Matt Mexia, Partner in Southern…
Dermody Properties Leases 608,442 Square Feet in New Jersey to National Tree Company
We’re pleased to announce that we have leased the property at 150 Milford Road in East Windsor to National Tree Company (NTC), a national leader in the seasonal décor industry. NTC will lease the entire 608,442-square-foot building for seven years. “This year, we’ve seen consistent uptrends in e-commerce in many areas of the country and…
Dermody Properties Acquires 22.15 Acres in Northern California for LogistiCenter℠ at West Sacramento
We have acquired 22.15 acres of land at 2921 and 2925 Ramco St. in West Sacramento, Calif. to be developed into LogistiCenterSM at West Sacramento. The two-building development is expected to be completed in the first quarter of 2022. Building one will total 102,500 square feet and will be divisible to 25,000 square feet, and…
Dermody Properties Foundation Announces 2020 Grant Recipients
We are honored to announce the Dermody Properties Foundation 2020 grant recipients. Among the organizations awarded this year are Nevada Women’s Fund in Reno, Nev., Second Harvest Food Bank in Nazareth, Pa., Center for Enriched Living in Riverwoods, Ill., After-School All-Stars Puget Sound in Tukwila, Wash., Food Bank of Delaware in Newark, Del., and more…
Dermody Properties Leases Remaining Space at LogistiCenter℠ at Speedway in North Las Vegas
We have leased the remaining 48,600 square feet of space at LogistiCenterSM at Speedway in North Las Vegas to a large snack food production and distribution company. LogistiCenterSM at Speedway was completed in the second quarter of 2020 and is now fully leased. “Interest in and leasing activity for this property since the start of development and…
Dermody Properties Grants a $5,000 Annual Thanksgiving Capstone Award to Elmhurst-Yorkfield Food Pantry
We have announced the recipients of our annual Dermody Properties Thanksgiving Capstone Award. The Elmhurst-Yorkfield Food Pantry (EYFP), which assisted nearly 1,000 households in 2019, will receive $5,000 to support its mission to provide food and bring compassion and hope to families and children in need. During fiscal year 2019, EYFP organized nearly 6,000 food…