Goodrick Logistics Center consists of e-commerce/distributionfacilities at 2589 and 2593 Goodrick Ave.
RICHMOND, CA—Although the health crisis and economic slowdownare devastating in many ways, there are silver linings popping upwithin the turmoil throughout the commercial real estate industry.In Dermody Properties' recent acquisition of Goodrick LogisticsCenter, this silver lining takes the form of value along with ane-commerce function, says George Condon, West Region partner forDermody Properties.
"The planned projects near our new buildings will take longerthan expected to entitle and construct, making the available spacein our new building more valuable than we anticipated," Condontells GlobeSt.com.
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.