NEWS
Dermody Properties Starts Construction on 622,726 Square Feet in Northern California
Dermody Properties, recently announced it will develop a 622,726-square-foot industrial facility in Lathrop, California. The state-of-the-art facility, known as LogistiCenterSM at Lathrop, is located at 2131-2301 E. Louise Ave. John McManus, Executive Vice President at Cushman & Wakefield, brought the opportunity to Dermody Properties. McManus, John Coons and Mark Dowling of Cushman & Wakefield are…
Construction Starts on 550,000 SF Development in Las Vegas
Dermody Properties recently started construction on a 550,000-square-foot industrial facility on Las Vegas Boulevard near North Walnut Road. United Construction Company is the design-build contractor on the project. The companies expect to complete construction in the Second Quarter of 2017. LogistiCenterSM at Las Vegas Boulevard will be ideal for distribution, e-commerce, manufacturing and warehouse operations.…
Construction Begins on 9th Facility in New Jersey Industrial Park
Dermody Properties recently broke ground on a new distribution facility at LogistiCenterSM at Logan, a 5.5-million-square-foot, Class A industrial park located in Logan Township. Great Point Investors is the strategic capital partner on the project. The companies broke ground on a 393,120-square-foot building located at 2810 Oldmans Creek Road. Construction is expected to be complete…
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…
Dermody Properties Breaks Ground on 225,972 SF Industrial Facility in Fife, Washington
Dermody Properties recently broke ground on a 225,972-square-foot industrial facility, known as LogistiCenter℠ at 167, in Fife, Washington. LogistiCenter℠ at 167 is ideally suited for distribution operations because of its strategic location. The facility is located 1.7 miles from Interstate 5 and the Port of Tacoma, the largest deep water port in Washington. Other industrial operations…
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…