RENO, NV—Dermody Properties, has broken ground on the final two buildings in LogistiCenter 395, its 1.2 million-square-foot industrial park in northern Nevada. The company started construction on the two new facilities, Buildings A and C, on Thursday.
Upon completion, Building A will total 402,320 square feet and Building C will total 224,640 square feet. Both facilities will have ample clear height as well as car and trailer parking, features that are critical to internet fulfillment and e-commerce operations. Building A will be 36-foot clear and Building C will be 32-foot clear. The two facilities are expected to be complete in Summer 2015.
“Dermody Properties has a long history in northern Nevada,” said Michael Dermody, chairman and CEO of Dermody Properties. “We are pleased to be breaking ground on the final buildings in LogistiCenter 395 at a time when best-of-class industrial facilities in our region are in such high demand.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.