Dermody Properties
Pacific Northwest Industrial Pipeline Contracts to 4.79MM SQFT as Developers Pull Back
Construction starts have slowed sharply across the I-5 Corridor, but a heavy slate of Q2 and Q3 2026 deliveries will keep pressure on...
UPS Leases 164,600 SQFT at Dermody Properties’ Rivergate Logistics Center in North Portland
The package delivery giant expands its Portland footprint in the 528,000-SQFT Class A distribution facility UPS has signed a 164,626-square-foot lease at Rivergate...
Dermody Properties Buys Multiple Parcels of Undeveloped Land in Frederickson, Tacoma for $45.5MM
By Kate Snyder Several parcels of vacant land in Frederickson and Tacoma traded hands recently for a total of $45.5 million, according to...
Leasing Retreats While Sales Surge: Portland’s Industrial Market Enters a Cautious Phase
Portland’s industrial real estate market is navigating a transitional period marked by softening leasing demand, rising vacancies, and a resurgence in sale activity....
SpaceX Leases Nearly 200,000 SQFT at Industrial Facility in Woodinville
By The Registry Staff SpaceX’s Starlink satellite division has secured a significant industrial lease in Woodinville. According to a report from the Puget...
Dermody Properties Raises $1 Billion for Industrial Fund IV
Dermody Properties announces the successful closure of its fourth commingled fund, Dermody Properties Industrial Fund IV, L.P. (DPIF IV), securing $1.043 billion in...
Pfizer Halts $350MM Manufacturing Facility in Everett, Lays Off 120
In a surprising move, Pfizer Inc. (NYSE: PFE), a leading global pharmaceutical company, has announced it is stopping its ambitious $350 million manufacturing...
Report: Boeing Leases More Than 700,000 SQFT of Industrial Space in Kent
By Kate Snyder Kent Valley’s industrial market has seen an increase in leasing activity recently. In the third quarter of 2023, Boeing took...
Dermody Properties Buys 718,000 SQFT Industrial Asset in Lacey for $132.1MM
By Kate Snyder A massive industrial asset in Lacey traded hands recently as the market continues to attract investors. The 717,554 square foot...
Dermody Properties Hires Benjamin Seeger as Northwest Region Partner
We recently announced that we have hired Benjamin Seeger as Northwest Region Partner. He is based in the company’s Bellevue, Washington office and...
Dermody Properties Brings on Equity Partner for Auburn Logistics Center for $51.1MM
By Meghan Hall A new warehouse and distribution center in the Seattle suburb of Auburn, Wash., has a new equity partner. Public documents...
Dermody Properties Spends $62MM on Kent Logistics Facility
By Vladimir Bosanac The industrial market across the Puget Sound region is experiencing one of its strongest runs in recent history, and national...
