Dermody acquires and plans redevelopment of LogistiCenter at Pleasant Prairie, Wis.

Dermody Properties announced the acquisition of the former We Energies power plant in Pleasant Prairie, Wis., along with the site’s planned redevelopment as LogistiCenter℠ at Pleasant Prairie. The planned 198-acre campus will accommodate build-to-suit opportunities in three state-of-the-art logistics buildings. Mass grading is underway, with building pads expected to be ready for vertical construction by fourth quarter 2023.

LogisitiCenter℠ at Pleasant Prairie is Wisconsin’s only dual rail-served, build-to-suit site at the intersection of the Union Pacific Railroad, which connects the United States from the Midwest to the Gulf, and to the West Coast, along with the newly formed Canadian Pacific Kansas City Southern Railroad, which connects Mexico to Canada.

Additionally, given its historic operation supporting southeast Wisconsin’s power grid as a backup power plant, LogistiCenter℠ at Pleasant Prairie has access to abundant power. The site also benefits fro