Posted on by in Top Stories

RENO, NEV. — Nevada-based companies Dermody Properties and United Construction Co. have finalized an agreement with Philadelphia-based Urban Outfitters Inc. to build the retailer's new Western United States Internet Fulfillment Center. The approximately $60 million project will be located within Dermody's Silver Lake Business Park in Reno.

The joint venture will construct the facility on 38.34 acres at 12055 Moya Blvd. Phase I of the project will include a 462,720-square-foot facility that will feature more than 450,000 square feet of warehouse space as well as office space and a data center. The official groundbreaking will be held June 8. The building envelope will be complete by November, and the facility will be complete by June 2012. The project has been designed to meet LEED-Silver certification. A planned second phase would expand the facility to 895,360 square feet.

“The building design reflects Urban Outfitters' cutting-edge culture and features an architectural look and feel not seen locally before,” said Craig Willcut, president and CEO of United Construction, in a statement.

“The unique structure of a development company and construction company partnership brings multiple layers of benefits to the customer,” added John Atwell, Dermody Properties' COO. “Because the developer and the contractor are both supporting the transaction, it protects the customer's final investment in the project.”

— Coleman Wood

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter

Webinars on Demand

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties