REBusinessOnline

Dermody Properties Acquires 615,000 SF Logistics Center in New Jersey

150-Milford-Road-East-Windsor-New-Jersey

Dermody Properties has acquired a 615,000-square-foot logistics center located at 150 Milford Road in East Windsor, New Jersey.

EAST WINDSOR, N.J. — Dermody Properties has acquired a 615,000-square-foot logistics center in East Windsor, a northern suburb of Trenton. Built in 1998 and expanded in 2003, the 51.5-acre property features a clear height of 36 feet, 41 dock-high doors, 413 automobile parking spots and 28 trailer parking spots. Dermody, an investment firm based in Reno, Nevada, plans to upgrade the building and make the space available for occupancy by 2020. CBRE is handling leasing of the center.

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