NEWS
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…
Reno Developer Starts Work on North Las Vegas Distribution Center
by Jennifer Robison, Las Vegas Review-Journal A Reno industrial developer said Tuesday that it has started construction of a large, local distribution center in North Las Vegas. Dermody Properties is building its 381,804-square-foot LogistiCenterSM Cheyenne on 20 acres at 4025 E. Cheyenne Ave. The property will put tenants within a day’s drive of key West…
Dermody Properties Breaks Ground on Industrial Facility in Northwest
Construction Starts on LogistiCenter 205 in Vancouver, Washington Dermody Properties recently broke ground on a 98,400-square-foot industrial facility, known as LogistiCenter 205, at NE 60th Way in Vancouver, Washington. Upon completion, the facility will feature 30’ clear height, a 130’ truck court and Early Suppression, Fast Response sprinkler systems. LogistiCenter 205 will be best suited…
Construction Starts on Multi-Tenant Industrial Facility in Southern New Jersey
Dermody Properties has started construction on a new multi-tenant facility in LogistiCenter Logan, our 7.4-million-square-foot industrial park in Logan Township, New Jersey. The multi-tenant facility, located at 1110 Commerce Blvd., will total 171,600 square feet. Construction is expected to be complete in Summer 2015. Upon completion, the facility will be fully operational and ideally suited…
Dermody Properties Presents Annual Capstone Award of $50,000 to Three Food Banks
The executive management team of Dermody Properties has announced the recipients of the company’s annual Capstone Award. In Nevada, where Dermody Properties is headquartered, the Food Bank of Northern Nevada (FBNN) will receive $35,000 to assist with its Mobile Pantry program. In Dermody Properties’ Northwest Region, two food banks will each receive $7,500: Oregon Food…