NEWS
At nearly 1 million square feet, massive Reno industrial building goes vertical
Rob Sabo of Northern Nevada Business Weekly recently spoke with John Ramous, Partner in Nevada, about The Park at McCarran in Reno, Nev., of which the 995,782-square-foot anchor facility is currently being constructed with delivery expected in May 2022. Below is an excerpt of the article: The effects of the burgeoning ecommerce industry are being…
Dermody Properties Acquires More Than 26 Acres in Northern Nevada for an Industrial Park
We are pleased to announce the acquisition of 26.89 acres of land in Northwest Reno, Nev. for a planned, two-building industrial development totaling 429,000 square feet. Located on Boomtown Garson Road, the development will be known as LogistiCenterSM at I-80 West Phase II, adjacent to the Phase I site which was completed in 2017. The…
Dermody Properties Announces Two New Customers in the Inland Empire
We are pleased to announce the lease of LogistiCenterSM at Eastvale Buildings 1 & 5 to two new customers. Better Nutritionals, a vitamin manufacturer, will lease all 197,892 square feet at Building 1. Landmark Global, an international delivery and expert logistics network, will lease 87,180 square feet at Building 5. Better Nutritionals currently produces the…
Dermody Properties Announces Completion and Lease of LogistiCenter℠ at Sunset
We are pleased to announce the completion of LogistiCenter℠ at Sunset, a 151,200-square-foot, state-of-the-art, e-commerce-ready property at Sunset Road and Bruce Street in Las Vegas. The entire building has been leased to CAE, a high-technology company that provides support and training solutions in civil aviation, defense and security, and healthcare. “CAE will find that LogistiCenter℠…
Dermody Properties Announces More than 146,000 SF Leased to Costco Innovel
We are pleased to announce a new lease at LogistiCenterSM at Southport with Costco Innovel, a division of Costco. The company will lease 146,763 square feet of space to serve the Greater Sacramento area. Costco Innovel will join LKQ Corporation and FRSTeam as tenants of the property, located at 3520 Carlin Drive in West Sacramento.…
Dermody Properties Congratulates Gene Preston on His Retirement
All of us at Dermody Properties are pleased to congratulate Gene Preston, East Region Partner, on his retirement later this year. Preston joined the company in 2012 and has been responsible for the company’s land and building acquisitions, build-to-suit projects, development activities and asset management in the eastern United States. His official retirement date is…
Dermody Properties Leases More Than 26,000 SF at LogistiCenter℠ at Rohnert Park
We have leased part of LogistiCenter℠ at Rohnert Park to Ferguson, one of the largest distributors of plumbing and HVAC products. The lease will commence in the fourth quarter of 2021 and consist of 26,305 square feet of building space in addition to an improved exterior yard. The remaining suite of 26,332 square feet is…
Dermody Properties Breaks Ground on a 154-Acre Logistics Park in New Jersey
We broke ground today on a three-building development in Woolwich Township, Gloucester County, New Jersey. The project will be marketed as LogistiCenter℠ at Woolwich. CBRE has been selected as the exclusive agent for the park. Woolwich Township Mayor Vernon Marino and Deputy Mayor Natalie Matthias were in attendance, along with Dermody Properties’ East Region team.…
Dermody Properties Announces the Lease of LogistiCenter℠ at Rialto II Building 8 to DCG Fulfillment
We have leased LogistiCenter℠ at Rialto II Building 8 to DCG Fulfillment, a family-owned third-party logistics provider on the West Coast. Beginning December 1, the customer will lease the entire 258,737-square-foot building, located at 1645 W. Renaissance Parkway in Rialto. “The building’s high-image appearance, state-of-the-art features, nearby amenities and proximity to major arterials attracted the…
Dermody Properties Announces 713,701-Square-Foot Logistics Park in the Bay Area
We are pleased to announce the acquisition of 49 acres in the North Bay which will be developed into five buildings totaling more than 700,000 square feet of logistics space. Known as LogistiCenter℠ at Fairfield, groundbreaking is expected later this year with delivery in Q3 2022. “Fairfield is one of the most business-friendly cities in…