Dallas, Texas – Dermody Properties, a national real estate investment, development, and management company specializing in acquisitions and development of logistics real estate, recently completed Phase 1 of LogistiCenter at Dallas, a two-building industrial park located on a 61.725-acre site in south Dallas at Bonnie View Road and Logistics Drive near Interstate 20. Phase 1 of the industrial park includes a 626,439-square-foot distribution center that is expandable to 1.1 million square feet.
The Class A distribution facility, which is expandable to 1.1 million square feet, features 36-foot clear height, 111 loading docks, four drive-in-doors, 262 car parking stalls and 136 trailer stalls.
“The features of this facility make it e-commerce ready and suitable for local, regional and national operations alike,” said Patrick Gallagher, partner southwest region, Dermody Properties. “With the Phase 1 facility complete, we are setting our sights on Phase 2 of the project, which will include the development of a 447,457 square-foot building that will also be e-commerce compliant.”
Dave Anderson, Nathan Lawrence and Krista Raymond of CBRE are the brokers marketing the facility on behalf of Dermody Properties. Alliance Architects provided architectural services, and MYCON General Contractors served as the general contractors on the project.
“We are pleased to deliver this quality project that is located in one of the fastest growing submarkets in the warehouse/distribution sector here in North Texas,” said John Riggins, vice president of office and industrial services, MYCON. “These mega projects continue to require fast-track execution of sustainable building design elements and lean construction techniques.
About Dermody Properties
Dermody Properties is a privately owned logistics real estate investment, development, and management firm that specializes in acquisitions and development of logistics real estate in strategic locations for e-commerce fulfillment centers, third party logistics, and distribution customers. Founded in 1960, Dermody Properties has invested in more than 70 million square feet of industrial space. To learn more about Dermody Properties, visit Dermody.com.