NEWS
John Picchiotti Joins Dermody Properties as Senior Vice President of Asset Management and National Leasing
We recently hired John Picchiotti as Senior Vice President of Asset Management and National Leasing. Picchiotti started on September 5, 2023, and he will support Dermody Properties’ robust national leasing activities, assisting with proposal development and deal execution. As Senior Vice President of Asset Management and National Leasing, Picchiotti will aid in managing established brokerage…
Dermody Properties Breaks Ground on Two Las Vegas Logistics Facilities
Dermody Properties recently broke ground on LogistiCenter® at Speedway II and LogistiCenter® at I-215 North. Both facilities are strategically located within the North Las Vegas submarket, the epicenter of e-commerce and logistics in the southwest. “With immediate access to Interstate 15 and Interstate 215, proximity to Harry Reid International Airport and two-day truck access to…
Dermody Properties Announces an Acquisition in the Southeastern U.S.
We are pleased to announce the acquisition of 2509 Dean Forest Road, Building A, in Garden City, Georgia. The 312,000-square-foot Class A logistics facility, occupied by Yokohama Off-Highway Tires America, Inc. and GFA, Inc., is a significant addition to Dermody Properties’ portfolio just minutes from the Port of Savannah in the company’s Southeast Region. The…
Dermody Properties Announces the Acquisition of Former Bridge Point Lacey Logistics Park
We recently announced the acquisition of Bridge Point Lacey in Lacey, Washington. Renamed to Lacey I-5 Logistics Center, the three buildings–totaling 717,544 square feet–are located at 3300-3316 Hogum Bay Road Northeast in the logistically advantaged Hawks Prairie master-planned industrial park, geared toward attracting Fortune 500 companies. The three buildings that make up the Lacey I-5…
Dermody Properties Announces the Acquisition and Planned Renovation of 5685 Industrial Parkway in San Bernardino, California
The 250,111-square-foot logistics facility, occupied by Dean Warehouse Services, Inc., signifies another major investment by Dermody Properties within the Inland Empire.
Dermody Properties Announces Two Land Acquisitions for Development in New Jersey
We recently announced the acquisition of two parcels of land for development in the company’s East Region: LogistiCenter® at Lumberton in Lumberton and LogistiCenter® at Mt. Laurel in Mt. Laurel. LogistiCenter® at Lumberton is a planned, 429,200-square-foot logistics facility located on 40.5 acres at 1791 Route 38. Site work is underway and the building is…
Dermody Properties Announces New Leasing Activity at LogistiCenter® at I-15 South in Las Vegas
We are pleased to announce that three of the four buildings that make up the LogistiCenter® at I-15 South logistics park have been leased, totaling over 720,000 square feet. Building 1 was pre-leased by OluKai, a well-known sandals and shoe company, and Buildings 2 and 3 were both pre-leased to Aristocrat Gaming, a world leader…
Bryce Fausset and Jason Lu Join Dermody Properties as Investment Managers
We are pleased to announce the addition of two Investment Managers to the team. Bryce Fausset has joined the Northwest Region team in Seattle, and Jason Lu is based in the company’s Southern California region at the Irvine office. Fausset started on April 3, 2023, and Lu on April 10, 2023. Fausset and Lu report…
Dermody Properties Breaks Ground on one of the Largest Industrial Parks in Arizona History
We recently broke ground on LogistiCenter® at Copperwing, Wednesday, April 19, 2023, commencing construction for one of the largest business parks in Arizona history. LogistiCenter® at Copperwing is located at the Northern Parkway Expressway & Dysart Road in El Mirage, Arizona, a suburb of Phoenix. Phase I of the project includes construction of the first…
Chicago-area firefighters utilize former Allstate Campus for Fire Training Exercises
Dermody Properties has been working with Chicago-area first responder agencies by offering access to the office buildings on the site of the former Allstate Campus, prior to their demolition, for key fire and police trainings. For the last two weeks, hundreds of firefighters from across the state, including the Village of Glenview Fire Department have…