NEWS
Dermody Properties Acquires 18.4 Acres in Louisville
Will Develop LogistiCenter Louisville near Louisville International Airport LOUISVILLE, Ky. — Dermody Properties recently announced the purchase of 18.4 acres in Renaissance South Business Park near the Louisville International Airport. Dermody Properties will develop a 316,491 square foot warehousing and distribution facility, known as LogistiCenter Louisville, on the site. Dermody Properties purchased the land from…
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 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 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…
Dermody Properties Welcomes New Partner
RENO, Nev. – Dermody Properties has hired Brian P. Quigley as their Midwestern Partner. Quigley, an industrial real estate veteran, will be stationed in the company’s regional office in Chicago. Quigley will be responsible for driving growth and development in the Midwestern Region, as well as managing the company’s industrial portfolio, new build-to-suit projects, acquisitions…
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.