NEWS
Dermody Properties Leases 262,260 SF in the Inland Empire to Global One Logistics
We’re pleased to announce that we have leased LogistiCenter℠ at Park Meridian to Global One Logistics, a third-party warehousing and distribution specialist serving the home fashion and apparel industries. The 262,260-square-foot, Class A building is located at 21822 Opportunity Way in Riverside. “LogistiCenter℠ at Park Meridian includes state-of-the-art features and cross-dock loading, both of which…
Dermody Properties Announces Lease of LogistiCenter℠ at Midway South to Pregis, LLC.
We have leased LogistiCenter℠ at Midway South to Pregis, LLC., a leading global provider of innovative packaging and protective products. Pregis has leased the entire 304,000-square-foot building, located on more than 29 acres at 9024 Old Route 22 in Bethel Township, Pa. “This facility offers well-designed and efficient space for a company like Pregis, with…
Dermody Properties Leases 79,430 SF in the Inland Empire West
We recently leased LogistiCenter℠ at Rialto II Building 9 to a well-established leader in the bedding industry. The customer will lease the entire building, located at 1798 N. Linden Avenue in Rialto. “This property’s high-image appearance, state-of-the-art features, nearby amenities and proximity to major arterials attracted the customer to this property,” said Matt Mexia, Partner…
Dermody Properties Hires Cara Wright as Senior Investment Manager
We are pleased to welcome Cara Wright to the team in the role of Senior Investment Manager. Based in Southern California, she will be responsible for supporting the team’s investment and development initiatives and will report to Matt Mexia, Partner in Southern California. “Cara has a strong background in leading business development and strategic efforts…
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…