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Dermody's New Logistics Campus: A Move Towards Sustainability and Innovation

Dermody, the private equity investment management firm dedicated to logistics real estate, has made headlines with the completion of its latest venture, The Logistics Campus. Recently, the company announced the leasing of Building 3, measuring 326,278 square feet, to HuFriedyGroup, a leader in dental instrument manufacturing.

This new development not only marks a significant milestone for Dermody, but it also reflects a broader commitment to sustainability, as The Logistics Campus has achieved LEED Silver Certification. This certification is a testament to Dermody's dedication to environmentally responsible construction and operation practices. The campus comprises four facilities currently available for occupancy, totaling 698,201 square feet.

The Impact of HuFriedyGroup's Move

HuFriedyGroup, with its impressive legacy of over 200 years within the industry, focuses on providing superior products and services for infection prevention and instrument reprocessing. The decision to relocate to The Logistics Campus is poised to enhance their operational efficiency and overall customer experience. According to Elizabeth Kauchak, Chief Operating Officer at Dermody, this location provides the ideal facility for HuFriedyGroup, allowing them to retain their workforce while fostering business growth.

Advantages of The Logistics Campus

Strategically located within a prime labor market, The Logistics Campus boasts access to nearly 775,000 potential employees within a 10-mile radius. This area has become a hub for modern industrial enterprises, including advanced manufacturing, packaging, food production, and pharmaceuticals. The current availability ranges from buildings with 66,955 square feet to larger units of 243,778 square feet, adaptable for various business needs.

Dermody has positioned The Logistics Campus as part of a thriving submarket in Chicago, known for its low vacancy rates and robust leasing activity. Neal Driscoll, a partner in the Midwest Region, highlighted how this location is one of the most sought-after industrial markets in the region, driven largely by the growing logistics and manufacturing sectors.

Commitment to Sustainable Development

From the outset, The Logistics Campus has been designed as an environmentally conscious development project. Dermody has taken significant strides to replace outdated, energy-inefficient buildings with modern infrastructure that meets today’s rigorous energy standards. As part of this effort, the construction process included recycling over 11,000 tons of materials, preserving existing water features, and transplanting numerous trees to maintain the campus's natural aesthetic.

Dermody President and CEO, Douglas A. Kiersey Jr., emphasized their ambition in the project's redevelopment, aiming to maintain a blend of advanced industrial functionality and environmental stewardship. Features of the campus include structures designed to support alternative fuel sources and electric vehicle charging stations, further supporting a commitment to sustainable logistics.

Advanced Building Specifications

The finished buildings provide leading-edge specifications that cater to modern logistics needs: clear heights ranging from 32 to 40 feet, energy-efficient LED lighting, and robust concrete flooring are just some of the features designed to enhance operational effectiveness. Additionally, these structures are capable of accommodating build-to-suit opportunities, ensuring that tenants have the flexibility to tailor the space to their specifications.

Apart from The Logistics Campus in Glenview, Illinois, Dermody has additional properties available for lease in the Midwest, including LogistiCenter® at Airport West in Louisville and LogistiCenter® at Pleasant Prairie in Wisconsin, underscoring their expansive presence in the logistics real estate market.

For companies seeking modern, sustainable logistics solutions, Dermody's The Logistics Campus stands as a beacon of innovation, aligning industry advancements with ecological responsibility. As HuFriedyGroup prepares to move into its new headquarters, they join the ranks of forward-thinking organizations dedicated to efficiency and sustainability.

For further details about The Logistics Campus or other properties, visit Dermody.com.