NEWS
Dermody Properties Hires James Nass as Senior Vice President, Development
James Nass has joined Dermody Properties as Senior Vice President, Development. He is based in the company’s Chicago office.
Dermody Properties Announces Completion and Lease of LogistiCenter℠ at Louisville Airport in Kentucky
Dermody Properties recently completed and leased LogistiCenterSM at Louisville Airport. The property was acquired from the Louisville Renaissance Zone Corporation (LRZC) in 2019.
Dermody Properties Welcomes Daniel R. Meador as Senior Vice President, National Leasing
Dermody Properties recently hired logistics real estate veteran Daniel R. Meador as Senior Vice President, National Leasing.
Dermody Properties Hires Neal Driscoll as Midwest Region Partner
Dermody Properties recently hired Neal Driscoll as Midwest Region Partner. He is based in the company’s Chicago office.
Dermody Properties Acquires 17.1 Acres for New LogistiCenter℠ at Louisville Airport in Kentucky
We recently acquired 17.1 acres near the Louisville Muhammad Ali International Airport (SDF) from the Louisville Renaissance Zone Corporation (LRZC). The site is located in the Renaissance South Business Park, which was created by the LRZC on 680 acres of land located within two miles of SDF, two interstate highways and a major rail line.…
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…
Dermody Properties Breaks Ground on 381,600 SF in Chicago
Dermody Properties recently broke ground on a 381,600-square-foot industrial facility in the Central DuPage submarket of Chicago. The facility, known as LogistiCenterSM at North Avenue, is located at 365 North Avenue in Carol Stream, Illinois. Carol Stream Mayor Frank Saverino and several village officials celebrated the groundbreaking with Dermody Properties on November 3. LogistiCenterSM at…
Construction Begins on 264,000 SF Near Cincinnati/Northern Kentucky International Airport
Dermody Properties has commenced construction on its second industrial facility near the Cincinnati/Northern Kentucky International Airport (CVG) in Hebron, Kentucky. The new e-commerce compliant facility, known as LogistiCenterSM at 275 #2, is located at 3521 Point Pleasant Road. Dermody Properties expects the 264,000-square-foot building to be complete in May of 2017. Upon completion, LogistiCenterSM at 275 #2 will…
Dermody Properties Breaks Ground on 546,000 SF in Louisville
Dermody Properties recently broke ground on a 546,000-square-foot industrial facility in Shepherdsville, Ky. Known as LogistiCenterSM at 480, the facility is located on Park Loop Road in the Cedar Grove Business Park. LogistiCenterSM at 480 is well-suited for e-commerce, warehouse and distribution operations because of its strategic location. The bulk distribution facility is located less…
Wayfair Fulfillment Center Named Industrial Deal of the Year by NAIOP
A new fulfillment center that Dermody Properties, a national industrial development company headquartered in Reno, Nev., and Hillwood Investment Properties are developing for Wayfair Inc. (NYSE:W) was recently named the Industrial Deal of the Year by NAIOP’s Cincinnati/Northern Kentucky Chapter (NAIOP). The 898,560-square-foot facility, known as LogistiCenterSM at 275, was recognized at NAIOP’s annual Night…