NEWS
Article form Northern Nevada Business Weekly: Developers – Spec Industrial to Stay Stalled
October 3, 2011 – With rental rates below 30 cents a square foot per month and build-to-suit construction readily available, developers don’t expect speculative construction to pick up any time soon. If companies are interested in locating their operations in northern Nevada, waiting 11 to 12 months for a build-to-suit facility won’t deter their plans.…
Article from Construction Digital: Dermody Properties Brings Economic Vitality to Sauk Village
Sept. 30, 2011 – With a string of recent transactions with outstanding companies such as Urban Outfitters, Mitsui-Soko and Penn Jersey, Dermody Properties (DP) continues to bring economic development opportunities and vitality to many regions throughout the United States. Read the full article from Construction Digital.
Article from RE Journals.com: Groundbreaking held for Winpak Packaging in Sauk Village
Sept. 13, 2011 – A groundbreaking was recently held for the Winpak Portion Packaging manufacturing facility in Dermody Properties’/ DP Partners’ LogistiCenter at Sauk Village, Ill. Participants included Mayor Lewis Towers of Sauk Village, Illinois State Representative Anthony DeLuca, and representatives from Winpak Portion Packaging, Dermody Properties/DP Partners and Principle Construction. Read the full article…
Groundbreaking Held For Winpak Manufacturing Facility In Sauk Village
CHICAGO, Ill. – A groundbreaking was held today for the Winpak Portion Packaging manufacturing facility in Dermody Properties’/ DP Partners’ LogistiCenter at Sauk Village, Ill. Participants included Mayor Lewis Towers of Sauk Village, Illinois State Representative Anthony DeLuca, and representatives from Winpak Portion Packaging, Dermody Properties/DP Partners and Principle Construction. Winpak is a leading multi-national…
Article from CoStar Group: Winpak Buys 29 Acres at LogistiCenter at Sauk Village
August 10, 2011 – Winpak Portion Packaging Inc., a multi-national packaging manufacturing company, acquired 28.9 acres at the LogistiCenter at Sauk Village from DP Properties Inc., parent company of DP Partners for $2.32 million, or about $80,280 per acre. Read the full article from CoStar Group.
Dermody Properties/DP Partners to develop a manufacturing facility in DP’s LogistiCenter at Sauk Village for Winpak Portion Packaging, Inc.
CHICAGO – Dermody Properties (DP), the parent company of DP Partners, continues its positive momentum nationwide with its announcement of an agreement with Winpak Portion Packaging, Inc. – a leading multi-national packaging manufacturing company – to develop a 267,000 square foot manufacturing facility in the DP LogistiCenter at Sauk Village, Ill. Winpak Portion Packaging employs…
Article from Reno Gazette-Journal: Captains of Industry - Dermody turns 'little engine' into big success
July 1, 2011 – A simple children’s tale might sound like an unusual source of inspiration for a large company. But for Michael Dermody, no story captures Dermody Properties’ uphill climb from small-town operation to national player more perfectly than “The Little Engine that Could.” Read the full article from the Reno Gazette-Journal.
Mitsui-Soko leases 38,400 sf in Dermody Properties’ LogistiPort at Savannah to expand its East Coast distribution center
RENO, Nev. – Dermody Properties (DP), parent corporation of DP Partners, announced today that Mitsui-Soko, a worldwide leader in the logistics industry, has leased 38,400 square feet of warehousing/distribution space in DP’s LogistiPort at Savannah business park in Pooler, Ga. In late 2009, Mitsui-Soko opened a 60,000 square foot distribution center in an adjacent location…
27-Year industrial Development Industry Veteran Announced as President of Dermody Properties/DP Partners
RENO, Nev. – Dermody Properties/DP Partners Chairman and CEO Michael Dermody has announced Douglas A. Kiersey, Jr., as President of the national industrial development company. He is responsible for the company’s capital, acquisition, development and property management activities nationwide, and chairs the company’s executive committee. Kiersey brings more than 27 years of experience in development,…
Dermody Properties/DP Partners completes largest corporate headquarters and distribution center in Philadelphia
RENO, Nev. – Dermody Properties/DP Partners has announced the completion of a new corporate headquarters and distribution center for Penn Jersey (PJP). Designed to be LEED Silver Certified, it is the largest project of its category developed in the Philadelphia region. The project in northeast Philadelphia has allowed PJP to keep this strategically located facility…