YORK, PA – Privately-owned real estate investment, development and management firm, Dermody Properties has acquired 29.5 acres of land in York, PA. The company plans to redevelop the former Glen-Gery manufacturing site into a 342,720-square-foot warehouse.
The state-of-the-art warehouse will be known as LogistiCenter, which is a nationally-trademarked brand owned and developed by Dermody Properties. The LogistiCenter brand represents the firm's philosophy of developing class A distribution and logistics facilities that meet supply-chain requirements for companies.
Dermody Properties originally acquired the property in April 2021 from Glen-Gery Corp., which has occupied the site for more than 50 years. Glen-Gery Corp. will lease back the facility for two years, until development on the LogistiCenter begins.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
