Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Dermody Properties Acquires 172,445 Square Feet of Class A Logistics Real Estate

Located in the Bay Area’s industrial East Bay market, 2589 Goodrick Avenue was built in 2018 and is the only available newly constructed building smaller than 200,000 square feet in the East Bay.

Dermody Properties Acquires 172,445 Square Feet of Class A Logistics Real Estate

RICHMOND, Calif. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has acquired Goodrick Logistics Center in Richmond, Calif., consisting of two Class A e-commerce and distribution facilities at 2589 and 2593 Goodrick Ave.

2589 Goodrick Avenue is currently available for lease and can accommodate one or three tenants ranging from 15,000 to 57,872 square feet. 2593 Goodrick Ave. is fully leased to an international mattress distributor.


“These buildings were developed to the highest institutional standards and in a location that offers access to the East Bay and the North Bay,” said George Condon, West Region Partner for Dermody Properties. “The available space is ideal for multiple users including regional and last-mile e-commerce distribution, retail, consumer products and durables, and manufacturers.”

Mark Detmer, Bo Mills and Ryan Sitov, all of JLL, represented Dermody Properties in the sale. Jason Ovadia, Patrick Metzger, Eddie Shuai and Mike Murray, also of JLL, will be the leasing agents for the property.

Located in the Bay Area’s industrial East Bay market, 2589 Goodrick Avenue was built in 2018 and is the only available newly constructed building smaller than 200,000 square feet in the East Bay. The building features a 24-foot clear height, 10 drive-in doors, 75’ by 65’ column spacing, LED warehouse lighting and an ESFR fire protection system.

The property is situated within 15 miles of the Port of Oakland, with immediate proximity to Richmond Parkway, Interstate-80 and Interstate-580.

“This availability at 2589 Goodrick Avenue offers a rare opportunity in this highly sought-after industrial market,” said Shelagh Danna, Vice President at Dermody Properties. “Its strategic and central location in the core of the Bay Area will be a significant advantage for companies in a broad range of established and emerging industries.”

Corporate neighbors of Goodrick Logistics Center include UPS, Whole Foods, Chevron, Safeway, Conoco Phillips and Costco Wholesale.

To learn more about 2589 Goodrick Ave., visit the property page on our website.

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 logistics space. In addition to its regional office and company headquarters in Reno, Nev., Dermody Properties has regional offices in northern and southern California, Atlanta, Phoenix, Seattle, Chicago and New Jersey. For more information visit www.Dermody.com.

https://dermody.com/region/west-region/property/2589-goodrick-avenue/

The Latest

More Stories

a headshot of Bill Pedriana at Noblelift
Photo courtesy of Noblelift

NOBLELIFT North America welcomes Bill Pedriana as newpresident

Des Plaines, Illinois – January 7, 2025: NOBLELIFT North America, a global leader in lithium-iron material handling technology, is excited to announce the appointment of Bill Pedriana as its new President. With nearly four decades of experience in the material handling industry, Pedriana is poised to lead NOBLELIFT North America into a new era of innovation, growth, and customer-centric success.

Bill Pedriana served as Chief Marketing Officer at Big Joe Forklifts, where his visionary leadership helped rebuild the brand, develop groundbreaking products (including the Joey series of access vehicles and their cobot pallet truck concept), and execute comprehensive sales and marketing strategies. For 14 years, Pedriana played an instrumental role in achieving an extraordinary 14x growth in sales and helping to drive the global expansion of Big Joe’s parent company, EP Equipment.

Keep ReadingShow less

Featured

Loren Swakow of Noblelift

Loren Swakow announces retirement as managing director of NOBLELIFT North America

Des Plaines, Illinois – Loren Swakow, Managing Director of NOBLELIFT North America, has announced his retirement effective January 31st, 2025, leaving behind a legacy of unprecedented growth, innovation, and strong relationships built over nearly a decade at the helm of the company.

Swakow joined NOBLELIFT in October 2016, tasked with the challenge of bringing an unknown brand into the highly competitive American market. At the time, NOBLELIFT had no dealer network and minimal brand recognition. Over the course of eight years, Swakow's strategic leadership and expertise have led to remarkable success, driving average annual growth of 43%. Today, NOBLELIFT is supported by a professional dealer network spanning the entire country, with sales growth consistently outpacing the industry, a true testament to Swakow’s vision and determination.

Keep ReadingShow less
a family shops in a grocery store using a smart trolley
Photo courtesy of Instacart

Australian supermarket chain rolls out AI-powered grocery carts

Grocery shoppers in Australia will soon be able to zip in and out of the store in record time, bypassing the lines for cashiers or self-checkout kiosks altogether. They can just walk in, make their selections, and walk out with their bags in hand.

The secret to this express shopping experience is the “Caper Cart,” an AI (artificial intelligence)-powered smart trolley from San Francisco-based Instacart. In its first deployment in the Asia Pacific (APAC) region, the system is being tested by Coles Supermarkets, a food and beverage retailer with more than 1,800 grocery and liquor stores throughout the country.

Keep ReadingShow less
a women in an office watching a delivery of boxes

How green is your glue?

If you’re looking to make the packaging process more eco-friendly, the obvious place to start is with the box itself. And that’s exactly what Salt Lake City-based Packsize did when it made its initial foray into sustainable packaging back in 2002. That year, the company launched its first product, an innovative on-demand packaging system designed to reduce cardboard waste (and the need for filler material) by creating a right-sized box for each shipment.

Now the company is ready for the next step: greening up the glue.

Keep ReadingShow less

​OPEX® Sure Sort® X with Xtract™ Warehouse Automation System Is Named a Finalist in the New Equipment Digest NED Innovation Awards

MOORESTOWN, NJ (December 18, 2024) OPEX® Corporation, a global leader in Next Generation Automation providing solutions for document, mail, and warehouse automation, has been selected as a finalist in the 2024 NED (New Equipment Digest) Innovation Awards, which celebrates innovations in industrial technology, tools, and equipment that empower businesses to work faster, better, and more cost-effectively.

OPEX Sure Sort® X with Xtract™, a high-speed automated sortation and order retrieval system, was recognized in the NED Innovation Awards Automation category.

Keep ReadingShow less