Dermody Properties acquires property in California
Dermody Properties, a national real estate investment, development and management company headquartered in Reno, has acquired the 81,704 square foot Fremont Industrial Center located at 2710 Lakeview Court in Fremont, Calif.
Currently, the building is fully leased and sits on 4.96 acres. It features modern office space, loading for advanced manufacturing users and four parking spaces per 1,000 square foot. Dermody Properties is planning substantial improvements to the building, including a new roof, interior renovations and HVAC upgrades.
Dermody Properties acquired the Fremont Industrial Center from a private investor. Eddie Shuai, Senior Vice President, and Steven Chon, Senior Vice President, of JLL represented Dermody Properties and the seller in the transaction.
The Northern Nevada Chapter of the American Institute of Architects recently presented Hawkins and Associates with the 2019 Commercial Architecture Citation Award for Design Excellence for the renovated building.