Dermody Properties Breaks Ground on LogistiCenter℠ at Pleasant Prairie

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

Related Posts

UPM Biofuels enters the bioplastics market with new partners

UPM is committed to creating value from sustainable bioinnovations. In addition to renewable diesel, the UPM Lappeenranta Biorefinery produces renewable naphtha - an excellent raw material for bioplastics. It can be transformed into renewable resins needed to create bioplastics, e.g. for the packaging industry. Choosing the right packaging solution can make a big difference. Beverage cartons have the lowest CO2 footprint among liquid food packaging today. Now even the plastic coating of cartons can be wood-based - using renewable polyethylene reduces the footprint further. Elopak, Norway-based company supplying 15 billion cartons around the world each year, joined forces with UPM Biofuels and Dow to offer 100% renewable cartons that are both recyclable and responsibly sourced. Click Read More below for additional information.

American Forest & Paper Association Releases August 2020 Boxboard Monthly Report

Total boxboard production in August decreased eight percent compared to August 2019. It was down three percent when compared to the same eight months of 2019. The boxboard operating rate was 90.4 percent, down 3.6 points from August 2019 and essentially flat (-0.4 pts.) year-to-date. Solid Bleached Boxboard production in August decreased 13 percent compared to August 2019. It was down six percent when compared to the same eight months of 2019. Recycled Boxboard production in August decreased six percent compared to August 2019. It was down two percent when compared to the same eight months of 2019. Unbleached Kraft & Gypsum production in August decreased two percent compared to August 2019. It was down one percent when compared to the same eight months of 2019.

Mayr-Melnhof Group Announces Results for the First Three Quarters of 2017

The Group’s consolidated sales totaled EUR 1,749.1 million and were thus 2.1 %, or EUR 35.3 million above the previous year’s value (1-3Q 2016: EUR 1,713.8 million). Both divisions contributed to the slight increase. With EUR 158.9 million, operating profit reached the previous year’s level (1-3Q 2016: EUR 160.2 million). The Group’s operating margin thus remained stable at 9.1 % (1-3Q 2016: 9.3 %). At EUR 113.3 million, the profit for the period almost reached the previous year’s figure (1-3Q 2016: EUR 115.5 million). Click Read More below for additional information.
Back To Top
×Close search
Search