{"id":1004454394,"date":"2020-06-05T07:16:44","date_gmt":"2020-06-05T15:16:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004454394"},"modified":"2020-06-05T07:16:44","modified_gmt":"2020-06-05T15:16:44","slug":"dermody-properties-acquires-chicago-area-industrial-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dermody-properties-acquires-chicago-area-industrial-building\/","title":{"rendered":"Dermody Properties Acquires Chicago-Area Industrial Building"},"content":{"rendered":"
\"\"<\/a>

1501 Harris Road. Image courtesy of Dermody Properties<\/em><\/p><\/div>\n

Dermody Properties has acquired a 596,616-square-foot industrial building at 1501 Harris Road in Libertyville, Ill. According to Yardi Matrix data, the asset last traded in 2006, for $9.3 million.<\/p>\n

Built in 2007, the Libertyville facility features a 37-foot clear height, two drive-in doors, 112 exterior loading docks, 82 trailer parking stalls, 192 parking spaces and ESFR fire protection system. The property also include 15,000 square feet of office space.<\/p>\n

Located on 35 acres within the Lake County submarket, the property is at the intersection of Peterson and Midlothian roads. The asset is within 7 miles of Interstate 94 and 4 miles of Libertyville train station.<\/p>\n

The property is currently occupied. It will be available for lease in the first quarter of 2022. Cushman & Wakefield’s Executive Directors Keith Puritz and Brett Kroner, along with Managing Director Eric Fischer are the leasing agents.<\/p>\n

Last month, Dermody completed a 251,800-square-foot distribution center<\/a> in Las Vegas. The project was built under the guidance of general contractor United Construction Co.<\/p>\n","protected":false},"excerpt":{"rendered":"

The facility features 112 exterior loading docks, 82 trailer parking stalls and 15,000 square feet of office space.<\/p>\n","protected":false},"author":868,"featured_media":1004454430,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21748,13],"tags":[44195,32799,36664],"class_list":["post-1004454394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-industrial","category-midwest","tag-brett-kroner","tag-cushman-wakefield","tag-dermody-properties"],"acf":[],"yoast_head":"\nDermody Properties Acquires Chicago-Area Industrial Building - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-acquires-chicago-area-industrial-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dermody Properties Acquires Chicago-Area Industrial Building\" \/>\n<meta property=\"og:description\" content=\"The facility features 112 exterior loading docks, 82 trailer parking stalls and 15,000 square feet of office space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-acquires-chicago-area-industrial-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-05T15:16:44+00:00\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/1501-Harris-Road.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-properties-acquires-chicago-area-industrial-building\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-properties-acquires-chicago-area-industrial-building\\\/\"},\"author\":{\"name\":\"Sergiu Inizian\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/77efc8abfd11ea13ed9ee7a0e190eb2a\"},\"headline\":\"Dermody Properties Acquires Chicago-Area Industrial Building\",\"datePublished\":\"2020-06-05T15:16:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-properties-acquires-chicago-area-industrial-building\\\/\"},\"wordCount\":175,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-properties-acquires-chicago-area-industrial-building\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/06\\\/1501-Harris-Road.jpg\",\"keywords\":[\"Brett Kroner\",\"Cushman & Wakefield\",\"Dermody Properties\"],\"articleSection\":[\"Chicago\",\"Deals\",\"Industrial\",\"Midwest\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-properties-acquires-chicago-area-industrial-building\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dermody-properties-acquires-chicago-area-industrial-building\\\/\",\"name\":\"Dermody Properties Acquires Chicago-Area Industrial Building - 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