Sale and property
Dermody purchased the logistics facility at 1269 E. Grant Line Road in Tracy, California, according to a Nov. 13 report by REBusinessOnline. The seller was not identified, and the transaction terms were not released. The report did not give a closing date. Dermody Acquires 606,343 SF Logistics Facility in Tracy, California - REBusinessOnline
The 606,343-square-foot building was completed in 2023 and sits on 29.3 acres. It has access to Interstate 205 and connections via interstates 5 and 580, the publication reported. Dermody Acquires 606,343 SF Logistics Facility in Tracy, California - REBusinessOnline
Rebecca Perlmuter of CBRE National Partners represented the seller in the transaction. Michael Goldstein, Ryan McShane and Alex Hoeck of Colliers will handle leasing for the property, according to REBusinessOnline. Dermody Acquires 606,343 SF Logistics Facility in Tracy, California - REBusinessOnline