Dermody Properties Acquires 172,445 SQFT Logistics Center in Richmond for $33.6MM

(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property sold for $33.6 million, or roughly $195 per square foot. The seller was New York Life. The cap rate on the transaction was 6.07 percent.) RICHMOND, Calif. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively […]