NEWS
Construction Starts on First Facility in 1.6-Million-Square-Foot Industrial Park
PCCP, LLC and Dermody Properties recently broke ground on LogistiCenterSM at 395 Phase 2. On December 9, the companies and Nevada Governor Brian Sandoval celebrated the start of construction on the first facility, which is planned for 722,512 square feet with completion anticipated for May 2016. The facility is located at 8730 Military Road in…
Dermody Properties Thanksgiving Capstone Award Provides $50,000 to Food Banks across the Country
Dermody Properties has announced the recipients of its annual Dermody Properties Thanksgiving Capstone Award. In Nevada, where Dermody Properties is headquartered, the Food Bank of Northern Nevada (FBNN) will receive $25,000 to assist with its School Pantry program. In addition to the gift provided to FBNN, Dermody Properties is presenting Dermody Properties Thanksgiving Capstone Awards…
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…
Elizabeth Teske Recognized as a Woman of Influence by Real Estate Forum Magazine
The editors of Real Estate Forum Magazine have selected Elizabeth Teske as a Southwest Woman of Influence for her achievements in the industrial real estate industry as a standout performer. Teske is Senior Vice President of Property Management at Dermody Properties, a national industrial real estate developer and operator. She is responsible for overseeing the company’s…
Construction Starts on 475,800 Square Feet in Eastern PA
Dermody Properties and PCCP Break Ground on LogistiCenterSM at 33 in Forks Township, Pennsylvania Dermody Properties and PCCP, an integrated real estate finance and investment management firm, recently broke ground on a 475,800-square-foot industrial facility at 4200 E. Braden Blvd. in Forks Township, Pennsylvania. The facility, known as LogistiCenterSM at 33, is centrally located in the…
Dermody Properties Breaks Ground on 898,560 Square Feet for Wayfair, Inc.
Dermody Properties and Hillwood Investment Properties recently broke ground on an 898,560-square-foot facility for Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for home furnishings and décor. The groundbreaking took place at 1600 Donaldson Rd. in Erlanger, Ky., adjacent to the Cincinnati/Northern Kentucky International Airport (CVG). The new facility, known as LogistiCenterSM at…
Dermody Properties Hires Real Estate Associate in East Region
K. Nicole Cantor recently joined the Dermody Properties team as a Real Estate Associate in our East Region Office, which is located in Chatham, New Jersey. Cantor is responsible for the day-to-day operations of Dermody Properties’ East Region Office, supporting all development, marketing and property management activities in the region. “I am excited to join…
Dermody Properties and PCCP Break Ground on 405,000 SF Distribution Center
Dermody Properties and PCCP, an integrated real estate finance and investment management firm, recently broke ground on a 405,000-square-foot distribution center in Union Township, Pennsylvania. Known as LogistiCenterSM at 78-81, the new facility is located on a 43-acre site at the intersection of I-78 and I-81. Dermody Properties and PCCP broke ground at the site…
Dermody Properties Hires Senior Vice President of Development, Midwest Region
Dermody Properties has hired 25-year real estate industry veteran Lou Berchicci as the company’s Senior Vice President of Development, Midwest Region. Berchicci will be based in our Midwest Region Office in Chicago. Berchicci is responsible for overseeing the design, entitlement, budget and construction for speculative and build-to-suit development in the Midwest markets. Berchicci will also provide…
Dermody Properties Leases 148,635 SF in Las Vegas to Southern Enterprises
Dermody Properties recently leased nearly half of its latest Las Vegas industrial development project to Southern Enterprises, one of the nation’s leading home furnishing designers and manufacturers. The company anticipates fulfilling 25 percent of its direct-to-consumer orders from the facility and creating 10+ new jobs when fully operational. Southern Enterprises has leased 148,635 square feet…