NEWS
Dermody Properties Acquires 29+ Acres in Bethel Township, Pa. For New LogistiCenter℠ at Midway South
Dermody Properties recently acquired 29+ acres in Bethel Township, Pennsylvania. It will be the future home of LogistiCenterSM at Midway South.
Dermody Properties Leases 244,000 SF in Reno, Nev. to International Outdoor Activewear Company
We recently leased 244,000 square feet in Building 3 and Building 4 at LogistiCenter℠ at I-80 in Reno to an international outdoor activewear company.
Dermody Properties Leases 475,800 SF in Pennsylvania to Radial, Inc.
We recently leased 475,800 square feet to Radial, Inc. at LogistiCenter℠ at 33 in Easton, PA. A leader in integrated ecommerce technology and operations, Radial connects supply and demand through efficient fulfillment and transportation options, intelligent fraud prevention, payments, tax systems and personalized customer care services.
Dermody Properties Hires Matthew J. Mexia as Partner in Southern California
We recently announced that we've hired Matthew J. Mexia as Partner, Southern California, to manage properties in the southern part of the state. He is based in Orange County.
Dermody Properties Hires Tyler Scheppmann as Vice President, Investor Relations
We recently announced that Tyler Scheppmann is the firm’s new Vice President of Investor Relations. He is responsible for all aspects of the company’s business concerning investor relations, fund strategy and capital execution and he will work closely with Kathleen Briscoe, Partner and Chief Capital Officer. Dermody Properties is a privately-owned real estate investment, development…
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 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…