Dermody Adds Tracy Warehouse to West Region Industrial Portfolio
Dermody has acquired 1269 E. Grant Line Rd., a 606,343-square-foot Class A logistics facility in Tracy for an undisclosed sum. The property is the newest addition to Dermody’s West Region portfolio and reportedly one of the largest move-in-ready facilities available to a single user in the Central Valley.
Completed in 2023, the cross-dock building sits on 29.3 acres and offers 40-foot clear height, 103 dock-high doors, four grade-level doors, 176 trailer stalls and 220 car parking stalls. “This property is well suited to customers in need of a large, modern facility, especially those in e-commerce fulfillment, distribution or manufacturing,” said Shelagh Danna, SVP, investments at Dermody. “Furthermore, it is ready-to-occupy with the scale, clear height and truck capacity modern distribution demands in a highly sought-after market.”
Rebecca Perlmutter from CBRE National Partners represented the undisclosed seller. Michael Goldstein, Ryan McShane and Alex Hoeck with Colliers will lead leasing for Dermody.
