NEWS
Dermody Properties Breaks Ground on 409,500 Square Feet Near Seattle
Dermody has broken ground on a new industrial park in Woodinville, Washington, east of Seattle. Known as LogistiCenter℠ at Woodinville, the park will consist of two buildings totaling 409,500 square feet, with Building A covering 275,500 square feet and Building B covering the remaining 134,000. LogistiCenter℠ at Woodinville will feature a total of 92 dock…
Dermody Properties Welcomes Kathleen S. Briscoe as Partner, Chief Capital Officer
Dermody Properties has hired Kathleen S. Briscoe as Partner, Chief Capital Officer. Briscoe is responsible for all aspects of the company’s capital strategy and execution, including asset management, institutional capital raising activities, structuring of commingled funds and joint ventures. She is also a member of the company’s Executive Committee and Investment Committee. “We are pleased…
Construction Milestone Reached at Dermody Properties’ Manteca Commerce Center
Dermody Properties recently reached a construction milestone with the tilt-up and placement of the first wall panels for its 286,072-square-foot industrial facility in Manteca, Calif. at DuPont Court. Located in California’s Central Valley, Manteca Commerce Center will feature a total of 50 dock doors, two grade-level doors, a 36-foot clear height and 156 car parking…
Dermody Properties Begins Construction on 436,368 Square Feet in Reno
Additional 615,000 Square Feet Planned for Region in Early 2018 Dermody Properties recently began construction on an additional building in its LogistiCenter℠ at 395 Phase 2 in the North Valleys of Reno, Nevada. The building will add 436,368 square feet, bringing the total square footage of LogistiCenter℠ at 395 Phase 2 to 1,158,880. Completion is…
Dermody Properties Leases 401,008 Square Feet in New Jersey to Kenco Logistics
Kenco Expects to Create 50 Jobs with New Facility Dermody Properties recently leased 401,008 square feet in its LogistiCenter℠ at Logan industrial park to Kenco Logistics (Kenco). Kenco specializes in distribution and fulfillment, transportation management, material handling, real estate management and information technology. Kenco will use the new facility, located at 395 Pedricktown Rd., for…
Dermody Properties’ Annual Thanksgiving Capstone Award Provides $50,000 to One America Appeal for Hurricane Relief and the Food Bank of Northern Nevada
We recently announced the recipients of the annual Dermody Properties Thanksgiving Capstone Award. One America Appeal for Hurricane Relief (One America Appeal) and the Food Bank of Northern Nevada (FBNN) will each receive $25,000 to assist in their efforts during the holiday season. The Dermody Properties Thanksgiving Capstone Award is presented each year during the…
Dermody Properties Leases 99,830 Square Feet in Bay Area to CHawk Technology
Dermody Properties, a national real estate investment, development and management company, specializing in acquisitions and development of logistics real estate, recently leased the remaining 99,830 square feet of its Huntwood Industrial Center in Hayward, California. The new tenant, CHawk Technology (CHawk), is a plastic component manufacturer that supplies semi-conductor companies. This building will be the…
Dermody Properties Leases 210,700 SF in Seattle to International Appliance Manufacturer
Dermody Properties recently leased a 210,700-square-foot industrial facility in Lakewood, Washington to an international appliance manufacturer. The facility, known as LogistiCenter℠ at I-5, is located one-half mile from the intersection of I-5 and SR-512 in Lakewood. The building will serve as an appliance warehousing and distribution center. “We always strive to build state-of-the-art facilities in…
Dermody Properties Names Jeff Zygler Leader of National E-Commerce Initiative
Dermody Properties has announced Jeff Zygler, Senior Vice President – Capital Deployment, will lead the company’s national e-commerce initiative. Zygler has been with the firm since 2015 and is based in the East Region Office in Chatham, New Jersey. Dermody Properties has nearly 60 years of experience in logistics real estate development and investment, and has…
Dermody Properties Acquires 777,579 SF Industrial Park Near Seattle
Dermody Properties recently acquired the Meridian Campus Corporate Park in Lacey, Washington just south of Seattle. The industrial park consists of three buildings totaling 459,551 square feet and 18 acres of land upon which Dermody Properties will develop a new distribution building. The new facility will total 318,028 square feet, featuring 36-foot clear height and 80 trailer…