NEWS
Dermody Properties and PCCP Break Ground on 405,000 SF Distribution Center
Dermody Properties and PCCP, an integrated real estate finance and investment management firm, recently broke ground on a 405,000-square-foot distribution center in Union Township, Pennsylvania. Known as LogistiCenterSM at 78-81, the new facility is located on a 43-acre site at the intersection of I-78 and I-81. Dermody Properties and PCCP broke ground at the site…
Dermody Properties Hires Senior Vice President, Capital Deployment, East Region
Dermody Properties has hired Jeffrey Zygler as the company’s Senior Vice President, Capital Deployment, in the East Region Office in Chatham, N.J. Zygler is responsible for the identification, underwriting and execution of industrial acquisition and development opportunities in the eastern United States. He will also focus on pursuing national build-to-suit opportunities with key Dermody Properties…
Dermody Properties and PCCP Announce Plans for 475,800 SF Development in the Lehigh Valley
Dermody Properties and PCCP, an integrated real estate finance and investment management firm, recently announced plans to develop a 475,800-square-foot industrial facility at 4200 E. Braden Blvd. in Forks Township, Pennsylvania. Dermody Properties will start construction on the facility, known as LogistiCenterSM at 33, in the fourth quarter of 2015 and expects to complete construction…
James Mascaro Promoted to SVP Development, East Region
We are pleased to announce that James Mascaro has been promoted to Senior Vice President – Development, East Region Office. Mascaro manages and directs development, design and construction for Dermody Properties’ projects throughout the eastern United States. His promotion includes increased responsibilities for longer-term industrial development and project research and planning, allowing Dermody Properties to…
East Region Office Relocates to Northern New Jersey
We recently relocated our East Region Office from West Conshohocken, Pennsylvania to Northern New Jersey. The office is now located at One Main Street, Suite 202, in Chatham, New Jersey. “The new office is in the heart of the Northern New Jersey market, a key industrial hub of the Northeast,” said Gene Preston, Partner, Dermody Properties…
Joint Venture Between PCCP, LLC and Dermody Properties Acquires 43-acre Site for Industrial Development in Central Pennsylvania
PCCP, LLC announced today that it has formed a joint venture with Dermody Properties, a national industrial development and operating company, to acquire a 43-acre site for the development of a Class A, 405,000-square-foot distribution center in Union Township, PA. LogistiCenterSM 78-81, as the property will be branded, is ideally located in central Pennsylvania at the…
Construction Starts on Final Facility in Central PA Industrial Park
Dermody Properties Breaks Ground on Final Building in 1.3 MSF Industrial Park in Carlisle Dermody Properties together with PCCP, LLC (PCCP), an integrated real estate finance and investment management firm, recently broke ground on a second facility in LogistiCenter Carlisle, a 1.3 million-square-foot industrial park in Carlisle, Penn. Dermody Properties and PCCP broke ground at…
Dermody Properties Celebrates Groundbreaking in New Jersey
Dermody Properties and Great Point Investors, LLC celebrated the groundbreaking on a new multi-tenant facility in LogistiCenter Logan, the developer’s 5.5-million-square-foot industrial park. The facility is located at 1110 Commerce Boulevard and will total 171,600 square feet. The site is situated prominently at the entrance to LogistiCenter Logan. Construction is expected to be complete in…
Construction Starts on Multi-Tenant Industrial Facility in Southern New Jersey
Dermody Properties has started construction on a new multi-tenant facility in LogistiCenter Logan, our 7.4-million-square-foot industrial park in Logan Township, New Jersey. The multi-tenant facility, located at 1110 Commerce Blvd., will total 171,600 square feet. Construction is expected to be complete in Summer 2015. Upon completion, the facility will be fully operational and ideally suited…
Construction Begins on Industrial Facility at New Jersey Turnpike Exit 8A
South Brunswick, N.J. – On July 30, South Brunswick Mayor Frank Gambatese, Dermody Properties and AEW Capital Management (AEW) celebrated the groundbreaking of LogistiCenter Exit 8A, a 308,276-square-foot industrial facility in South Brunswick, N.J. AEW is partnering in the development on behalf of AEW Partners VII, L.P., an opportunistic real estate fund. The property is being…