Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce that WestRock, a global leader in sustainable packaging, has signed a build-to-suit lease at LogistiCenter℠ at Pleasant Prairie. WestRock is establishing a Great Lakes regional corrugated operations hub and will require more than 580,000 square feet within Wisconsin’s newest rail-served logistics park.
“We are pleased that WestRock is entrusting Dermody Properties to build its advanced manufacturing facility in southeast Wisconsin,” said Neal Driscoll, Midwest Region Partner at Dermody Properties. “We could not have scripted a better partner to kick off the park, and we look forward to working closely with WestRock and the Village of Pleasant Prairie to complete what we believe will be a best-in-class project.”
The Village of Pleasant Prairie sits at the southern doorstep of Wisconsin and has witnessed considerable expansion in the past decade as local companies have grown. Businesses have been attracted to the state’s friendly business climate, availability of labor and high quality of living. LogistiCenter℠ at Pleasant Prairie—Wisconsin’s only rail-served, build-to-suit logistics park—is part of Dermody Properties’ growing portfolio in the thriving Midwest market.
WestRock announced in January 2024 that it would begin building a new corrugated box plant in Pleasant Prairie to meet growing demand from customers in the Great Lakes region.
more at: https://www.westrock.com/news/press-releases/dermody-properties-breaks-ground-on-logisticenter-at-pleasant-prairie