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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…

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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).…

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Brian Quigley: CRE's Transformer

by Bianca Herron, RE Journals, December 11, 2014 Brian Quigley started in the real estate industry in 1987 after graduating from DePaul and cut his teeth at JMB Realty as a CPA in the financial reporting department. Quigley said JMB was a great place to start because of the tremendous deal flow and exposure to…

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Dermody Properties Hires New Property Administrator

CHICAGO, Ill. – Dermody Properties has hired Megan Rahn as property administrator for the Midwest Region Office, located in Des Plaines, Ill. Rahn brings extensive brokerage, property management, marketing and accounting experience to the Dermody Properties team. Rahn is responsible for the day-to-day operations of the Midwest Region Office, and supports its development, management and accounting…

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Construction Begins on Industrial Park in McCook, IL

Dermody Properties and AEW Capital Management Break Ground in McCook On June 5 Dermody Properties, a national industrial development firm headquartered in Reno, Nev., AEW Capital Management, and Avison Young held a groundbreaking for LogistiCenter McCook, a two-building industrial complex at 1st Ave. and 47th St. in McCook, Ill. Located 11 miles from downtown Chicago,…

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Construction Begins on 315,147 SF Facility in Louisville

On May 22, Dermody Properties held a groundbreaking for LogistiCenter Louisville, a 315,147-square-foot distribution facility in the Renaissance South Business Park near the Louisville International Airport. LogistiCenter Louisville will feature 32’ clear height, 60 dock doors, 4 drive-in doors, 336 car parking stalls and 73 trailer stalls. “LogistiCenter Louisville will be a state-of-the-art industrial facility…

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Dermody Properties Acquires 18.4 Acres in Louisville

Will Develop LogistiCenter Louisville near Louisville International Airport LOUISVILLE, Ky. — Dermody Properties recently announced the purchase of 18.4 acres in Renaissance South Business Park near the Louisville International Airport. Dermody Properties will develop a 316,491 square foot warehousing and distribution facility, known as LogistiCenter Louisville, on the site. Dermody Properties purchased the land from…

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Dermody Properties Acquires 34 Acres

Dermody Properties and AEW Capital Management Acquire 34 Acres in McCook, Ill. Will develop industrial park comprised of two facilities totaling 662,700 SF CHICAGO, Ill.  — Dermody Properties, a national industrial development firm headquartered in Reno, Nev., in partnership with AEW Capital Management, recently announced the purchase of 34 acres of vacant land in the…

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Dermody Properties Sells 496,260 SF

Dermody Properties is pleased to announce the sale of 21751 Jason Rasmussen Drive in Sauk Village, Illinois to VHE II-Sauk, LLC (VHE). The company will occupy the entire 496,260 square-foot, rail-served, 30-foot clear building for its third party logistics business.  “This transaction is strategically beneficial for both Dermody Properties and for VHE,” said Brian Quigley, partner for…

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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…

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