Dermody Properties Expands in New Jersey with Ecommerce Tenant and 3PL Lease

Dermody Properties, a national industrial real estate developer, is expanding its footprint in southern New Jersey with the addition of a new ecommerce tenant and a recently signed lease with a third-party logistics (3PL) provider at its Carneys Point campus.

Carneys Point Deals Strengthen Logistics Portfolio

The moves are part of Dermody's broader push to scale its industrial and logistics holdings in the Northeast corridor. By bringing in both a direct ecommerce occupier and a specialized 3PL operator, the firm is positioning the Carneys Point site to capture demand from a wider range of supply chain customers, from online retailers outsourcing fulfillment to shippers needing scalable warehouse space.

Industrial landlords have increasingly courted 3PL tenants in recent years, even as broader freight market conditions remain uneven. Similar revenue pressures have been reported across the sector, with major North American logistics firms posting flat results as the freight downturn extends into 2026.

Industrial Demand and the 3PL Shift

The new deals at Carneys Point underscore how developers are leaning into last-mile and fulfillment-oriented real estate, where tenants often require flexible layouts, high clear heights, and proximity to major highway corridors serving the Mid-Atlantic region.

Key elements of the expansion include:

• A newly signed lease with a 3PL operator at the existing Carneys Point facility.
• The onboarding of an ecommerce-focused tenant, reflecting continued demand from online retail brands.
• Continued investment by Dermody in modern, logistics-ready industrial space across New Jersey.

The activity comes as other logistics-linked companies also sharpen their operational focus. Kenco, for example, recently earned a Great Place to Work certification for 2026, while firms like Lovell Government Services have announced plans for new distribution facilities to support growing 3PL workloads.