Home AEC Dermody Acquires Faraday Future’s Former LA Campus for $34.9MM, Plans 181,000 SQFT Logistics Redevelopment in South Bay
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Dermody Acquires Faraday Future’s Former LA Campus for $34.9MM, Plans 181,000 SQFT Logistics Redevelopment in South Bay

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forklift taking goods into a truck at industrial facility
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Dermody has purchased the 8.95-acre former headquarters of electric-vehicle maker Faraday Future near the 110 freeway, betting $34.9 million that a ground-up logistics facility will outperform aging office space in one of the nation's tightest industrial submarkets. Dermody, a national logistics real estate developer, has acquired the site at 18455 Figueroa St. in Los Angeles […]

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