Oct
29
Dermody Snags Seattle-Area Industrial Complex
ByThe firm acquired the three-building property as well as 18 acres on which an additional warehouse will be built. Meridian Campus Corporate Park’s location is considered ideal for expedient distribution to the Northwest’s major population centers.
Dermody Properties has acquired Meridian Campus Corporate Park, a 459,551-square-foot, three-building, Class A industrial park in Lacey, Wash., from the California State Teachers’ Retirement System.
The property, which is located just south of Seattle, also consists of 18 acres of land, which Dermody will develop into a new 318,028-square-foot distribution building. When completed, the facility will feature a 36-foot clear height and 80 trailer parking stalls…
