NEWS
Dermody Properties Announces an Acquisition in Atlanta
We are pleased to announce the development of LogistiCenter® at Bright Star, a planned two-building industrial project that will feature a combined 181,000 square feet of logistics space. LogistiCenter® at Bright Star is located in the Interstate 20 West Atlanta submarket, in the City of Douglasville, along the Bright Star Connector. Each state-of-the-art facility will…
Dermody Properties Announces The Park at McCarran is Fully Leased
We are pleased to announce that all three buildings comprising The Park at McCarran logistics park are fully leased. The park offers a combined 1.35 million square feet of state-of-the-art logistics space. The first building completed, a 995,782-square-foot logistics facility, was a build-to-suit for the Ames Companies, which specialize in manufacturing non-powered lawn and garden…
Jeremy Stilley Joins Dermody Properties as Senior Vice President of Development for Nevada
We recently hired Jeremy Stilley as Senior Vice President of Development for Nevada. Stilley will be responsible for providing due diligence, design, entitlement, budget and construction oversight for investment developments for lease and build-to-suit projects and acquisitions. As Senior Vice President of Development, Stilley will also work closely with United Construction under the developer’s Design-Build…
Dermody Properties Announces the Acquisition of Former We Energies Power Plant
We are pleased to announce the acquisition and planned redevelopment of LogistiCenter® at Pleasant Prairie, the former We Energies Power Plant. The three-building industrial center will total 2,396,000 square feet of building space with flexibility to accommodate build-to-suits from 250,000 square feet to 1M square feet. This industrial facility offers Wisconsin’s newest and only rail-served…
John Picchiotti Joins Dermody Properties as Senior Vice President of Asset Management and National Leasing
We recently hired John Picchiotti as Senior Vice President of Asset Management and National Leasing. Picchiotti started on September 5, 2023, and he will support Dermody Properties’ robust national leasing activities, assisting with proposal development and deal execution. As Senior Vice President of Asset Management and National Leasing, Picchiotti will aid in managing established brokerage…
Dermody Properties Breaks Ground on Two Las Vegas Logistics Facilities
Dermody Properties recently broke ground on LogistiCenter® at Speedway II and LogistiCenter® at I-215 North. Both facilities are strategically located within the North Las Vegas submarket, the epicenter of e-commerce and logistics in the southwest. “With immediate access to Interstate 15 and Interstate 215, proximity to Harry Reid International Airport and two-day truck access to…
Dermody Properties Announces an Acquisition in the Southeastern U.S.
We are pleased to announce the acquisition of 2509 Dean Forest Road, Building A, in Garden City, Georgia. The 312,000-square-foot Class A logistics facility, occupied by Yokohama Off-Highway Tires America, Inc. and GFA, Inc., is a significant addition to Dermody Properties’ portfolio just minutes from the Port of Savannah in the company’s Southeast Region. The…
Dermody Properties Announces the Acquisition of Former Bridge Point Lacey Logistics Park
We recently announced the acquisition of Bridge Point Lacey in Lacey, Washington. Renamed to Lacey I-5 Logistics Center, the three buildings–totaling 717,544 square feet–are located at 3300-3316 Hogum Bay Road Northeast in the logistically advantaged Hawks Prairie master-planned industrial park, geared toward attracting Fortune 500 companies. The three buildings that make up the Lacey I-5…
Dermody Properties Announces the Acquisition and Planned Renovation of 5685 Industrial Parkway in San Bernardino, California
The 250,111-square-foot logistics facility, occupied by Dean Warehouse Services, Inc., signifies another major investment by Dermody Properties within the Inland Empire.
Dermody Properties Announces Two Land Acquisitions for Development in New Jersey
We recently announced the acquisition of two parcels of land for development in the company’s East Region: LogistiCenter® at Lumberton in Lumberton and LogistiCenter® at Mt. Laurel in Mt. Laurel. LogistiCenter® at Lumberton is a planned, 429,200-square-foot logistics facility located on 40.5 acres at 1791 Route 38. Site work is underway and the building is…