NEWS
Dermody Properties Acquires Prime Logistics Real Estate in New Jersey
We recently acquired a logistics building at 150 Milford Road in East Windsor, N.J. The project has 615,000 square feet currently available for lease that will be ready for occupancy by 2020 after Dermody Properties completes building upgrades. The building is less than a mile away from the New Jersey Turnpike and Route 33 and…
Dermody Properties Breaks Ground on 73 Acres at LogistiCenter℠ at Lehigh Valley East In Pennsylvania
We recently broke ground on two buildings in a 557,820-square-foot complex located 80 miles from the Port of New York and New Jersey. LogistiCenter℠ at Lehigh Valley East will be located at 450 East Moorestown Road in Wind Gap, Pa, in the Northampton County submarket. Construction of the first building is scheduled to be complete…
Dermody Properties Leases 401,008 Square Feet in New Jersey to Kenco Logistics
Kenco Expects to Create 50 Jobs with New Facility Dermody Properties recently leased 401,008 square feet in its LogistiCenter℠ at Logan industrial park to Kenco Logistics (Kenco). Kenco specializes in distribution and fulfillment, transportation management, material handling, real estate management and information technology. Kenco will use the new facility, located at 395 Pedricktown Rd., for…
Dermody Properties Names Jeff Zygler Leader of National E-Commerce Initiative
Dermody Properties has announced Jeff Zygler, Senior Vice President – Capital Deployment, will lead the company’s national e-commerce initiative. Zygler has been with the firm since 2015 and is based in the East Region Office in Chatham, New Jersey. Dermody Properties has nearly 60 years of experience in logistics real estate development and investment, and has…
Robert Borny Joins Dermody Properties as Senior Vice President of Capital Deployment, East Region
Dermody Properties recently welcomed Robert Borny as Senior Vice President of Capital Deployment, East Region. Borny is responsible for identifying and executing industrial acquisition opportunities in the eastern United States that align with the company’s investment strategy. “Rob’s experience and skills are an excellent fit for our team and strategy,” said Douglas A. Kiersey, Jr., President, Dermody…
Dermody Properties Breaks Ground on 1,081,200 SF in Pennsylvania
Dermody Properties recently broke ground on LogistiCenterSM at Midway in Bethel Township, Pennsylvania. Upon completion, the building will offer 1,081,200 SF of space ideally suited for warehouse, distribution or e-commerce. Dermody Properties expects to complete construction in the spring of 2018. LogistiCenterSM at Midway will offer 36 feet of clear height, 60-foot loading bays, 207…
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…
Construction Begins on 9th Facility in New Jersey Industrial Park
Dermody Properties recently broke ground on a new distribution facility at LogistiCenterSM at Logan, a 5.5-million-square-foot, Class A industrial park located in Logan Township. Great Point Investors is the strategic capital partner on the project. The companies broke ground on a 393,120-square-foot building located at 2810 Oldmans Creek Road. Construction is expected to be complete…
Construction Starts on 475,800 Square Feet in Eastern PA
Dermody Properties and PCCP Break Ground on LogistiCenterSM at 33 in Forks Township, Pennsylvania Dermody Properties and PCCP, an integrated real estate finance and investment management firm, recently broke ground on a 475,800-square-foot industrial facility at 4200 E. Braden Blvd. in Forks Township, Pennsylvania. The facility, known as LogistiCenterSM at 33, is centrally located in the…
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…