NEWS
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…
Dermody Properties Wins Corporate Citizen Award
Dermody Properties was recently announced as a winner of the Corporate Citizen Award by the Economic Development Authority of Western Nevada (EDAWN). Carol Martin, administrator of the Dermody Properties Foundation, accepted the award for Dermody Properties. We are proud of the work our foundation and employees do to help all of the communities in which…
Dermody Properties Acquires 91 Acres
Dermody Properties, a national industrial development firm, announced today the purchase of 91 acres on Lemmon Drive near Highway 395 in northern Reno, Nev. The site will be the location of a three-building, master-planned industrial park, known as LogistiCenter 395. Dermody Properties will break ground on a 624,000 square foot speculative warehouse/distribution building, which will…
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…
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…