Dermody Properties breaks ground at LogistiCenter at Midway
Dermody Properties, a Reno-based national real estate investment, development and management company specializing in acquisitions and development of industrial real estate across the U.S., recently broke ground on LogistiCenter at Midway located at 270 Midway Road in Bethel Township, Pa. At completion, the building will offer 1,081,200 square feet of space for warehouse, distribution or e-commerce business. Dermody expects to complete construction in the spring of 2018.
The building architect is Ware Malcomb and the general contractor is Blue Rock Construction.
“Among private sector industries, only the mining and logging and financial activities industries have seen increases in employment since last year,” says Nevada DETR Economist Dave Schmidt.