NEWS
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…
Dermody Properties Leases 42,268 Square Feet in West Sacramento to FRSTeam
We recently leased space at LogistiCenterSM at Southport to FRSTeam, an international company specializing in fabric and electronic restoration. The company will occupy 42,268 square feet in the building in the fourth quarter of 2021. In March, we announced that LKQ Corporation would lease 152,857 square feet of LogistiCenterSM at Southport. With FRSTeam moving in…
Dermody Properties Leases One Building of LogistiCenter℠ at Lehigh Valley East to Mainfreight
We are pleased to announce the lease of LogistiCenterSM at Lehigh Valley East, located at 460 East Moorestown Road, to Mainfreight, a global supply logistics provider with capabilities that include warehousing, domestic transport and international air and ocean freight. The company plans to begin operations in the facility on August 1. “The Lehigh Valley is…
Brendan Egan Named IAMC “Recruiter of the Year”
We would like to congratulate Brendan Egan, Vice President and National Account Manager, for being selected as Industrial Asset Management Council’s (IAMC) “Recruiter of the Year.” IAMC is the leading trade association for corporate real estate executives focused on industrial. With a focus on professional development, networking and leadership training, Brendan received the award for…
Elizabeth Teske Named a GlobeSt CRE 2021 Woman of Influence
Dermody Properties is pleased to share that Elizabeth Teske, Senior Vice President, Property Management, was selected as a 2021 Woman of Influence by GlobeSt. Real Estate Forum. Over 700 submissions were made for the program, and we are very proud of Liz for being selected as one of the finalists as she truly deserves the…