NEWS
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…
Dermody Properties/DP Partners Continues Strong Activity in Logan, NJ Industrial Market with Acquisition at LogistiCenter
RENO, Nev. – Dermody Properties/DP Partners maintains positive momentum with the announcement of the acquisition of a 259,910 square foot office/ distribution facility on 14.4 acres of land in LogistiCenter at Logan, New Jersey. Dermody Properties/DP Partners purchased the building from Lexington Lion, NEBC, L.P., for an undisclosed price.
Dermody Properties/DP Partners Acquires Niles, Ill., Building Occupied by Fort Dearborn Company
CHICAGO – Dermody Properties/DP Partners has announced the acquisition of a 149,474 square foot industrial facility on 7.64 acres in Niles, Ill., for an undisclosed purchase price. It is a building currently leased to the Fort Dearborn Company through June 2016. The purchase comes on the heels of two trend-bucking property sales from the Dermody…
Dermody Properties/DP Partners continues to demonstrate success even in difficult times.
RENO, Nev. – With more than 50 years of experience in industrial real estate, Dermody Properties/DP Partners has been providing creative real estate solutions through many different economic cycles. Its customers over the years have included the nation’s most respected companies, including a number of Fortune 500 companies.
Dermody Properties 3rd Annual Thanksgiving Capstone Award Provides $50,000 to Benefit Hungry Families and Children
RENO, Nev. – Dermody Properties/DP Partners has announced that its annual Capstone Award will be presented to two organizations that will use the funds to provide food to 75,000 people, and also helps provide breakfast to 4,000 more low-income children each school day. The Capstone Award is granted annually during the Thanksgiving season by Dermody…