NEWS
Dermody Properties Breaks Ground in Louisville
CHICAGO, Ill. – On July 24, Dermody Properties, a national industrial development firm, broke ground on LogistiCenter at I-65, a 624,000 SF industrial development near Louisville, Ky. The site is located at 972 Conestoga Parkway in Shepherdsville, Ky. at the full four-way interchange of I-65 and Kentucky Highway 44. The location has excellent proximity to both…
Dermody Properties Named Top Developer by Portland Business Journal
Dermody Properties was recently ranked one of the top commercial developers by the Portland Business Journal in their annual Book of Lists. We were also named one of the top commercial property management firms in Portland by the journal. Dermody Properties has developed a total of 369,884 square feet in Portland and more than 6.2 million…
Dermody Properties Sells 100,000 SF in Harrisburg
Dermody Properties Sells 100,000 SF to Select Capital Commercial Properties PHILADELPHIA, Penn. — Dermody Properties, a leading national private industrial development firm, recently announced the sale of a 100,000 SF light industrial building located in Harrisburg, Penn. to Select Capital Commercial Properties, Inc. The building is located at 7917 Derry Street in the heart of…
Albert's Organics Distribution Facility Opening
Dermody Properties and Albert’s Organics Celebrate Opening of 70,000 SF Distribution Facility On June 21, Dermody Properties and Albert’s Organics, Inc. celebrated the grand opening of the organic food distributor’s new 70,000 square foot facility. Dermody Properties served as the industrial developer and operating partner on the project, which is located in Logan Township, N.J.,…
Albert's Organics Cuts Ribbon on Logan Distribution Center
From the Philadelphia Inquirer, written by Harold Brubaker. The organic-foods industry is no longer going gangbusters, as it did before the U.S. economy collapsed five years ago. But despite the slowdown, Albert’s Organics Inc., a national distributor of produce and other perishables based in Logan Township, still outgrew its distribution center there in the last…
Dermody Properties Announces 624,000 SF Spec Development
CHICAGO, Ill. – Dermody Properties recently announced the purchase of 35.875 acres in the Louisville, Ky. region. The national industrial development firm will begin development on a 624,000 square foot industrial building on a speculative basis. The site, in the Settlers Point Business Park in Shepherdsville, Ky., is located at the full four-way interchange of…
Dermody Properties Announces Joint Venture with Granite REIT
PORTLAND, Ore. – Dermody Properties recently announced the formation of a joint venture partnership with Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) for its industrial property at 18201 NE Portal Way in Portland, Oregon. Dermody Properties will retain an ownership interest in the project and will continue to be responsible for…
Carol Martin Honored at NAIOP Summit Awards
We are proud to announce that Carol Martin, Dermody Properties’ Marketing Coordinator and Foundation Administrator, was awarded the “Extra Mile Award” at the Summit Awards, hosted by the Northern Nevada Chapter of NAIOP. Carol received the award for going beyond the call of duty in her work with Dermody Properties and NAIOP. Carol has been…
Dermody Properties Buys 89 Acres in Berks Park 78
Dermody Properties and the Berks County Industrial Development Authority (BCIDA) announced that Dermody Properties has purchased 89.22 acres in Berks Park 78 in Bethel Township, Penn. Dermody Properties has indicated that the site is suitable for a build-to-suit or for development of a speculative building for industrial lease, both options that will complement the park’s…
Dermody Properties Names New Southwest Region Partner
Dermody Properties has named 30-year industrial and office real estate veteran Patrick Gallagher as the Partner managing the firm’s newly established Southwest Region Office located in Phoenix, Arizona. Gallagher will spearhead the firm’s ambitious industrial and office development program in the Southwestern United States, focusing on the Phoenix, Denver, Texas and Southern California markets. “I…