NEWS
Dermody Properties Hires Matthew J. Mexia as Partner in Southern California
We recently announced that we've hired Matthew J. Mexia as Partner, Southern California, to manage properties in the southern part of the state. He is based in Orange County.
Dermody Properties Acquires 19 acres in Rialto, Calif. for new LogistiCenter℠
We recently acquired a 19-acre site located in the Inland Empire West Industrial Market. Construction on LogistiCenter℠ at Rialto I, a 411,330-square-foot distribution facility, will begin soon with an expected completion in December 2019. The site is located in the established Renaissance Rialto Business Park with immediate access to Interstate 210 via Alder Avenue and…
Dermody Properties Acquires 13.53 acres in Riverside, Calif. for new LogistiCenter℠
We recently acquired an approximate 13.53-acre site in the Meridian Business Center in Riverside, Calif. Dermody Properties commenced construction of a 262,260-square-foot cross dock distribution facility, which the company estimates will be complete in Q2 of 2019. The new development will be called LogistiCenter℠ at Park Meridian. LogistiCenter℠, a nationally trademarked brand owned and developed…
Dermody Properties acquires 265,500 SF logistics building in prime California Inland Empire West submarket
We recently acquired a 265,500-square-foot logistics building in an established industrial business park in Fontana, Calif. Dermody Properties will make improvements to the building in the first quarter of 2019, including upgrading the fire system to ESFR, making aesthetic changes and demising the building into two spaces, although the property will be available to either…