NEWS
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…
Dermody Properties Hires Senior Vice President, Capital Deployment, East Region
Dermody Properties has hired Jeffrey Zygler as the company’s Senior Vice President, Capital Deployment, in the East Region Office in Chatham, N.J. Zygler is responsible for the identification, underwriting and execution of industrial acquisition and development opportunities in the eastern United States. He will also focus on pursuing national build-to-suit opportunities with key Dermody Properties…
Dermody Properties Names George Condon Partner, West Region
Dermody Properties has named George Condon Partner, West Region. Condon will be based in the company’s West Region Office in Reno, Nev., where the company’s corporate headquaters are also located. Condon is responsible for the company’s regional portfolio as well as new industrial inventory and build-to-suit projects, acquisitions and dispositions in Nevada and northern California.…
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…