NEWS
Dermody Properties Acquires Prime Logistics Real Estate in New Jersey
We recently acquired a logistics building at 150 Milford Road in East Windsor, N.J. The project has 615,000 square feet currently available for lease that will be ready for occupancy by 2020 after Dermody Properties completes building upgrades. The building is less than a mile away from the New Jersey Turnpike and Route 33 and…
Dermody Properties Hires Gill Shaw as Senior Vice President of Development in Southeast Region
We recently announced that Gill Shaw, an industrial real estate development veteran with extensive experience in construction management, engineering and warehouse/distribution projects, has been hired as Senior Vice President of Development in the Southeast Region. Shaw will be based in the Atlanta, Ga. office and will be responsible for providing due diligence, design, entitlement, budget…
Dermody Properties Breaks Ground on 14 Acres at LogistiCenter℠ at Speedway In Las Vegas
We recently broke ground on a 251,800-square-foot distribution center in the North Las Vegas submarket of southern Nevada. It will be located at 6565 Nascar Street on a 14-acre site and will be called LogistiCenter℠ at Speedway. It is estimated that construction will be completed by first quarter of 2020. The North Las Vegas submarket…
Dermody Properties Breaks Ground on 73 Acres at LogistiCenter℠ at Lehigh Valley East In Pennsylvania
We recently broke ground on two buildings in a 557,820-square-foot complex located 80 miles from the Port of New York and New Jersey. LogistiCenter℠ at Lehigh Valley East will be located at 450 East Moorestown Road in Wind Gap, Pa, in the Northampton County submarket. Construction of the first building is scheduled to be complete…
Dermody Properties Promotes Brendan Egan to Vice President, National Account Manager
We announced today that West Region Development Director, Brendan Egan, has been promoted to the role of Vice President and National Account Manager at the company. In his enhanced role, Egan will be responsible for growing relationships with companies looking for logistics properties and with industrial brokers across the nation. He will be working with…
Dermody Properties Hires Matthew Duplantis as Senior Vice President in its West Region
We recently hired Matthew Duplantis, a commercial real estate veteran with experience in industrial asset management and leasing, as the company’s Senior Vice President for our West Region. Duplantis will be based in the Reno, Nev. office and will be responsible for helping to identify potential developments and acquisitions, as well as leasing and asset…
Dermody Properties Hires Chelsea Masdon as Associate Investment Manager
We announced today that we have hired Chelsea Masdon as an Associate Investment Manager in our Southeast Region. Masdon will be a key staff member to Greg Ryan, Partner in the Southeast Region, and will support the team’s investments and developments in the region. Masdon will use her extensive experience in marketing, database management and…
Dermody Properties congratulates the 2018 SIOR Top 50 Industrial Transactions Awards Recipients
Dermody Properties congratulates the 2018 SIOR Top 50 Industrial Transactions award recipients. Their commitment and persistence has placed them at the pinnacle of their peers in industrial brokerage and deserves to be recognized. We applaud each of these brokers for a job well done and for elevating the work that’s done in this industry nationwide.…
Dermody Properties Leases 40,750 SF in Reno to Power-Sonic
We recently leased 40,750 square feet in Building 4 of LogistiCenter℠ at I-80 in Reno to Power-Sonic. A global leader in design, marketing, distribution and application support of high-quality energy storage solutions, Power-Sonic Corporation’s products are used in a variety of industrial and electronic applications serving end markets including life safety, medical, utilities and infrastructure,…
Dermody Properties Promotes Tim Walsh to Chief Investment Officer
We announced today that senior leadership member, Tim Walsh, has been promoted to the role of Chief Investment Officer at the company. His enhanced role includes overseeing all origination activities, such as acquisitions, development and build-to-suit projects. His primary focus will be working with Dermody Properties’ national team of regional partners to identify and target…