NEWS
National Industrial Developer Dermody Properties Expands to Southern California with Acquisition of 75,960 SF Facility
Dermody Properties, a national real estate investment, development and management company headquartered in Reno, Nevada and specializing in acquisitions and development of industrial real estate in strategic locations across the United States, recently acquired the Bloomfield Industrial Center located in Santa Fe Springs from a private investor. Located at 10712-10748 Bloomfield Ave. this 75,960-square-foot warehouse…
Dermody Properties Completes First Building at LogistiCenterSM at I-80 near Nevada-California Border
Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of industrial real estate in strategic locations across the United States, today marked the completion of the first building in Phase 1 of its LogistiCenterSM at I-80 project which is located in northern Nevada, immediately adjacent to California. The…
Construction Milestone Reached at Dermody Properties’ LogistiCenter at Las Vegas Boulevard
Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nevada, announced today that it reached a construction milestone with the tilt-up and placement of the first wall panels for its 546,480 SF industrial facility on Las Vegas Boulevard near North Walnut Road. The building will be completed on time by the end of…
Dermody Properties Reopens 128,524 SF Near San Francisco
Dermody Properties recently completed renovations on the 128,524 SF Huntwood Distribution and Manufacturing Center located at 31033-31055 Huntwood Avenue in Hayward, Calif. making ±99,830 SF available immediately for lease. The remaining square footage is being leased by Wohler Technologies – a pioneer in the video, audio and data monitoring industry. “Dermody Properties invested more than…
Dermody Properties Breaks Ground on 381,600 SF in Chicago
Dermody Properties recently broke ground on a 381,600-square-foot industrial facility in the Central DuPage submarket of Chicago. The facility, known as LogistiCenterSM at North Avenue, is located at 365 North Avenue in Carol Stream, Illinois. Carol Stream Mayor Frank Saverino and several village officials celebrated the groundbreaking with Dermody Properties on November 3. LogistiCenterSM at…
Dermody Properties Acquires 130,000 SF in Bay Area
Dermody Properties recently acquired a 130,000-square-foot facility located at 31033-31055 Huntwood Avenue in Hayward, California. Dermody Properties will begin renovating the property this year, making it available for lease in mid-2017. “We are excited to acquire a building of this size on Huntwood Avenue,” said George Condon, Dermody Properties’ West Region Partner. “The East Bay…
Construction Begins on 264,000 SF Near Cincinnati/Northern Kentucky International Airport
Dermody Properties has commenced construction on its second industrial facility near the Cincinnati/Northern Kentucky International Airport (CVG) in Hebron, Kentucky. The new e-commerce compliant facility, known as LogistiCenterSM at 275 #2, is located at 3521 Point Pleasant Road. Dermody Properties expects the 264,000-square-foot building to be complete in May of 2017. Upon completion, LogistiCenterSM at 275 #2 will…
Dermody Properties Develops 152,200 SF Facility for International Produce Leader
Dermody Properties has been selected by Greenyard (Euronext Brussels: GRYFO) to develop a 152,200-square-foot, build-to-suit facility in southern New Jersey. The state-of-the-art packing and cold storage facility will be located in LogistiCenterSM at Logan, a 5.5 million-square-foot industrial park in Logan Township owned by Dermody Properties and Great Point Investors LLC. Pictured from left to…
Dermody Properties Establishes Southern California Office and Welcomes New Senior Vice President
Dermody Properties recently hired Nancy Shultz as Senior Vice President in its newly established Southern California Office, located at 4695 MacArthur Court in Newport Beach, California. Shultz is responsible for growing and managing Dermody Properties’ portfolio of industrial property in southern California. Her efforts will include sourcing acquisitions with a value-add profile and the development of high-quality…
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…