Dermody Properties

Dermody Properties Leases to LKQ Corporation

Dermody Properties Leases to LKQ Corporation

Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has leased a portion of LogistiCenterSM at Southport to LKQ Corporation, the leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ will occupy 152,857 square feet of space, leaving 226,579 square feet available for lease within the building.

LogistiCenter℠ at Southport_Building Rendering

“LKQ will be our first customer in this building, which is nearing completion this quarter.  The demand for industrial space in the Sacramento region is greater than any other market in Northern California at this time,” said George Condon, West Region Partner at Dermody Properties. “West Sacramento provides the best access to freeways and employees in the region.”

Located within the 650-acre, master-planned Southport Industrial Park, the remaining available space at LogistiCenterSM at Southport offers a 36-foot clear height, 40 dock high doors, 3 drive-in doors, 54 trailer stalls, 214 car parking stalls and a 135-foot truck court. The building is also equipped with an ESFR fire protection system.

Michael Lyons of CBRE is the leasing agent for the property. Jacob Bobek of CBRE represented LKQ. Tom Schaal and Mark Heavey of Schaal Realty Advisors are Dermody Properties’ partners.

“Sacramento offers an ample workforce that is driving many companies to invest in the region and the way they conduct their business along the West Coast,” said Elizbeth Kauchak, Chief Operating Officer at Dermody Properties. “Our West Region team remains diligent in sourcing ideal opportunities for our customers in this flourishing market.”

LogistiCenterSM, a nationally trademarked brand owned and developed by Dermody Properties, represents the company’s business philosophy of developing Class A distribution and logistics facilities that meet the supply-chain requirements of the most innovative companies.

For more information on LogistiCenterSM at Southport and the remaining available space, visit our website. 

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About Dermody Properties

Dermody Properties is a privately-owned real estate investment, development and management firm that specializes in the acquisition and development of logistics real estate in strategic locations for e-commerce fulfillment centers, third-party logistics and distribution customers. Founded in 1960, Dermody Properties has invested in more than 89 million square feet of industrial space. In addition to its corporate office in Reno, Nev., it has regional offices in northern and southern California, Atlanta, Phoenix, Seattle, Chicago, Dallas and New Jersey. For more information visit www.Dermody.com. 

About LKQ Corporation

LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

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