{"id":1004458348,"date":"2020-06-25T03:32:50","date_gmt":"2020-06-25T11:32:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004458348"},"modified":"2020-06-25T03:32:50","modified_gmt":"2020-06-25T11:32:50","slug":"dermody-properties-grows-las-vegas-industrial-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/","title":{"rendered":"Dermody Properties Grows Las Vegas Industrial Portfolio"},"content":{"rendered":"<div id=\"attachment_1004458354\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004458354\" data-attachment-id=\"1004458354\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/4141-distribution-circle\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"4141 Distribution Circle\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;4141 Distribution Circle. &lt;i&gt;Image via Google Maps &lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg?w=800\" class=\"wp-image-1004458354 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004458354\" class=\"wp-caption-text\">4141 Distribution Circle. <i>Image via Google Maps <\/i><\/p><\/div>\n<p>Dermody Properties has finalized the $13.4 million acquisition of a 120,000-square-foot industrial property near Las Vegas. Truck manufacturer PACCAR sold the asset, according to public records.<\/p>\n<p>Located on a 13-acre parcel at 4141 Distribution Circle in North Las Vegas, the single story warehouse was built in 1995. The property has 13 truck wells, four grade-level doors, two loading docks and a 175-foot truck court, Yardi Matrix shows.<\/p>\n<p>The distribution center is 2 miles from Interstate 15 and 11 miles north of McCarran International Airport. The property is 3 miles from Prologis Las Vegas Corporate Center, a 10-building industrial park totaling 2.4 million square feet.&nbsp;The I-15 industrial corridor is home to a number of major facilities, including an Amazon fulfillment center, a CDW warehouse and <a href=\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-delivers-250-ksf-industrial-facility-in-las-vegas\/\">LogistiCenter at Speedway<\/a>, a&nbsp;recently delivered, 251,800-square-foot property from Dermody.<\/p>\n<p>Earlier this month, a partnership between Dermody and PCCP sold LogistiCenter at 33,&nbsp;a <a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-63m-industrial-deal-in-pennsylvania\/\">475,800-square-foot industrial building in Easton<\/a>, Pa., for $62.5 million. CBRE brokered the sale on behalf of the joint venture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A truck manufacturer traded the 120,000-square-foot Class B warehouse for more than $13 million.<\/p>\n","protected":false},"author":867,"featured_media":1004458354,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,1593,21742,15],"tags":[36664],"class_list":["post-1004458348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-las-vegas","category-latest","category-west","tag-dermody-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dermody Properties Grows Las Vegas Industrial Portfolio - 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-grows-las-vegas-industrial-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dermody Properties Grows Las Vegas Industrial Portfolio\" \/>\n<meta property=\"og:description\" content=\"A truck manufacturer traded the 120,000-square-foot Class B warehouse for more than $13 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/\" \/>\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=\"2020-06-25T11:32:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/\",\"name\":\"Dermody Properties Grows Las Vegas Industrial Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg\",\"datePublished\":\"2020-06-25T11:32:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dermody-properties-grows-las-vegas-industrial-portfolio\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/06\/4141-Distribution-Circle.jpg\",\"width\":800,\"height\":620,\"caption\":\"4141 Distribution Circle. 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