VANCOUVER, WA—Dermody Properties, a national industrial development and operating firm headquartered in Reno, NV recently broke ground on a 98,400-square-foot industrial facility, known as LogistiCenter 205, at NE 60thWay in Vancouver.

Upon completion, the facility will feature 30' clear height, a 130' truck court and early suppression, fast response sprinkler systems. LogistiCenter 205 will be best suited for warehousing and distribution operations. It is expected to be complete in July 2015.

LogistiCenter 205 will be one of the few sizeable industrial facilities available in the Clark County submarket. The vacancy rate in the Clark County submarket was 3.7% at the end of 2014, the lowest rate experienced in recent history.

“We are pleased to be breaking ground in the Portland market,” said Phillip Wood, partner, Dermody Properties northwest region office. “This market is a highly sought-after one, but lacks available, modern industrial facilities. This facility will help fill that gap.”

LogistiCenter 205 will provide immediate access to the I-205 corridor, a major Pacific Northwest distribution throughway. LogistiCenter 205 will allow industrial distributors to reach the Northwestern U.S. market quickly and efficiently.

“Vacancies in both the Vancouver submarket and the overall Portland market are at or near historic lows,” said Douglas Kiersey, president, Dermody Properties. “LogistiCenter 205 will provide much needed modern distribution space to serve our national target customers.”

Tony Reser, Tom Talbot and Scott Murphy of Kidder Mathews, Portland, will market the property to prospective tenants for Dermody Properties. Mackenzie is the architect for the project, and Perlo Construction of Portland will build the facility.

LogistiCenter is a national trademark brand, owned and developed by Dermody Properties. It represents the firm's business philosophy of developing class A distribution facilities that meet the supply-chain requirements of its clients.

Instant Insights /

New LogistCenter Coming to Vancouver

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