NEWS
Dermody Properties Acquires Allstate Campus, Plans to Break Ground on The Logistics Campus
Today, we announced the acquisition of the Allstate Corporation (NYSE: ALL) corporate campus in Glenview, Ill. The 232-acre site will become a logistics-focused campus designed to serve logistics customers who value immediate access to local consumers, including the high density and affluent communities of the northern and northwest suburbs of Chicago. The Logistics Campus is…
Dermody Properties Hires David Jennings as Senior Vice President, Development
We’re pleased to announce that we have hired David Jennings as Senior Vice President, Development in our East Region office. Jennings will be responsible for providing due diligence, design, entitlement, budget and construction oversight for new developments, acquisitions and build-to-suit projects in the region. He will focus on projects within the East Region with a…
Dermody Properties Hires Pearce Dermody as Vice President and Investment Manager
We recently announced that we have hired Pearce Dermody as Vice President and Investment Manager in Nevada. Dermody brings a breadth of experience in the federal funds allocation process, land use policy, and cost structures – all critical in working with federal agencies, stakeholders, and investors. He will be responsible for the sourcing and management…
Dermody Properties Hires Benjamin Seeger as Northwest Region Partner
We recently announced that we have hired Benjamin Seeger as Northwest Region Partner. He is based in the company’s Bellevue, Washington office and works closely with Phil Wood, also a Partner in the region. In this position, Seeger is responsible for the sourcing and execution of acquisition and development opportunities in the Northwest region of…
Dermody Properties Welcomes Industry Veteran Amy Curry as Partner, Chief Strategy Officer
We recently announced that Amy Curry has joined Dermody Properties as Partner and Chief Strategy Officer. Curry brings more than 22 years of logistics real estate experience to the role, where she will be responsible for the growth of the company’s existing and future investment platforms. Curry will advise and support Dermody Properties’ strategic direction…
Dermody Properties Announces Lease of LogistiCenter℠ at Lehigh Valley East to Iron Mountain and CONRI Services, Inc.
We are pleased to announce the lease of LogistiCenter℠ at Lehigh Valley East Building 1, located at 450 E. Moorestown Rd., to Iron Mountain and CONRI Services, Inc. Iron Mountain is a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services. This location expands its consumer storage division, as well…
Dermody Properties Announces New Lease in the Inland Empire
We recently announced a new lease at LogistiCenter℠ at Eastvale Building 6 in Southern California to a Fortune 500 company. “Class A warehouse space in the Inland Empire is very competitive and hard to secure for logistics users,” said Matt Mexia, Partner in Southern California at Dermody Properties. “We were able to offer a premier Fortune…
Dermody Properties Announces the Acquisition of 2800 Forbs Avenue in Hoffman Estates, Illinois
We recently announced the acquisition of 2800 Forbs Avenue in the Northwest Cook County submarket of Chicago. The 135,940-square-foot, Class A warehouse and distribution center is available for lease and located within Prairie Stone Business Park at Interstate-90 and Route 59, just twenty minutes from O’Hare International Airport. Surrounded by forest preserve, Prairie Stone business…
Dermody Properties Announces Lease of 208,320 Square Feet in Louisville to Fisher & Paykel Healthcare
We are pleased to announce the lease of LogistiCenterSM at Louisville Airport Building 3 to Fisher & Paykel Healthcare, a leading designer, manufacturer and marketer of products and systems for use in acute and chronic respiratory care, surgery and the treatment of obstructive sleep apnea. Beginning this summer, the customer will lease the entire building totaling…
Dermody Properties Announces Nine Employee Promotions to Support the Company’s Continued Growth
We are pleased to announce the promotion of several employees to support the company’s current and projected growth across the U.S. The news comes following recent announcements of various acquisitions and new developments, including 961 acres of land just outside of Phoenix to be developed into a multi-building, Class A industrial park. In line with Dermody…