NEWS
Dermody Properties and PCCP Announce Plans for 475,800 SF Development in the Lehigh Valley
Dermody Properties and PCCP, an integrated real estate finance and investment management firm, recently announced plans to develop a 475,800-square-foot industrial facility at 4200 E. Braden Blvd. in Forks Township, Pennsylvania. Dermody Properties will start construction on the facility, known as LogistiCenterSM at 33, in the fourth quarter of 2015 and expects to complete construction…
Dermody Properties to Develop 898,560 SF for Wayfair Inc. in Northern Kentucky
Dermody Properties, in a joint-venture with Hillwood Investment Properties (Hillwood) will develop 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 facility will be located on a 52-acre site at 1600 Donaldson Rd. in Erlanger, Ky., adjacent to the Cincinnati/Northern Kentucky International Airport (CVG).…
James Mascaro Promoted to SVP Development, East Region
We are pleased to announce that James Mascaro has been promoted to Senior Vice President – Development, East Region Office. Mascaro manages and directs development, design and construction for Dermody Properties’ projects throughout the eastern United States. His promotion includes increased responsibilities for longer-term industrial development and project research and planning, allowing Dermody Properties to…
Dermody Properties Promotes Elizabeth Teske to Senior Vice President of Property Management
Dermody Properties recently announced the promotion of Elizabeth Teske to senior vice president of property management. Teske is responsible for overseeing the company’s direct and indirect property management activities across the United States. As senior vice president she leads the company’s team of property management professionals, and develops initiatives to create value by delivering best-in-class…
East Region Office Relocates to Northern New Jersey
We recently relocated our East Region Office from West Conshohocken, Pennsylvania to Northern New Jersey. The office is now located at One Main Street, Suite 202, in Chatham, New Jersey. “The new office is in the heart of the Northern New Jersey market, a key industrial hub of the Northeast,” said Gene Preston, Partner, Dermody Properties…
Joint Venture Between PCCP, LLC and Dermody Properties Acquires 43-acre Site for Industrial Development in Central Pennsylvania
PCCP, LLC announced today that it has formed a joint venture with Dermody Properties, a national industrial development and operating company, to acquire a 43-acre site for the development of a Class A, 405,000-square-foot distribution center in Union Township, PA. LogistiCenterSM 78-81, as the property will be branded, is ideally located in central Pennsylvania at the…
LogistiCenter Cheyenne Poised to Capitalize on Opportunities in Las Vegas Industrial Market
Nevada Governor Brian Sandoval Helps Celebrate Groundbreaking on 381,804 SF Facility in North Las Vegas Submarket With industrial vacancy shrinking in Las Vegas, Dermody Properties, a national industrial development firm headquartered in Reno, Nev., has committed to filling the gap. On May 12, Nevada Governor Brian Sandoval joined Dermody Properties, United Construction Company and Hillwood…
Construction Starts on Final Facility in Central PA Industrial Park
Dermody Properties Breaks Ground on Final Building in 1.3 MSF Industrial Park in Carlisle Dermody Properties together with PCCP, LLC (PCCP), an integrated real estate finance and investment management firm, recently broke ground on a second facility in LogistiCenter Carlisle, a 1.3 million-square-foot industrial park in Carlisle, Penn. Dermody Properties and PCCP broke ground at…
Dermody Properties Celebrates Groundbreaking in New Jersey
Dermody Properties and Great Point Investors, LLC celebrated the groundbreaking on a new multi-tenant facility in LogistiCenter Logan, the developer’s 5.5-million-square-foot industrial park. The facility is located at 1110 Commerce Boulevard and will total 171,600 square feet. The site is situated prominently at the entrance to LogistiCenter Logan. Construction is expected to be complete in…
Construction Starts on 381,804 SF Facility in Las Vegas
Construction Starts on Warehouse/Distribution Facility in North Las Vegas Submarket Dermody Properties has started construction on LogistiCenter Cheyenne, a 381,804 SF distribution facility on 20 acres in the Interstate 15 corridor of Las Vegas. LogistiCenter Cheyenne is located at 4025 East Cheyenne Avenue, two miles east of Interstate 15. The key West Coast markets of…