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Dermody Properties has acquired a 49-acre land site in Fairfield, a city in the North Bay. The investor plans to build a 700,000-square-foot, five-building industrial facility on the site. The project will break ground this year, and it will deliver in the third quarter of 2022.

Dermody has branded the property the LogistiCenter. The five-buildings will range in size from 82,620 square feet to 259,200 square feet with class-A features, like 32-foot to 36-foot clear heights, a minimum of 50-foot by 50-foot column spacing, ample car and trailer parking and ESFR sprinklers. The properties also have easy access to the San Francisco, Oakland and Sacramento International Airports as well as the Ports of Richmond, Oakland and Stockton.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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