PhillipMorrisAriel

2601 Bermuda Hundred Road

The property is a 1,034,470 square foot warehouse complex in Chester, Virginia, an industrial submarket of Richmond. It is leased to Philip Morris USA, Inc., and consists of four Class A warehouse/distribution facilities that are located within close proximity to the tenant’s U.S. plant.

Building Type

Warehouse/Distribution Facility

Property Type

Fully Leased

Date Acquired

3/19/2019

Year Built

2015

Total SF and/or Acreage

1,034,470

Space Available

N/A

Region

East

Market

Richmond

Clear Height

30'

Energy Certification

N/A

Derrick Johnson

Independent Trustee

Mr. Johnson has served as an independent trustee since July 2022. Mr. Johnson has extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 companies.

Experience:

  • Currently, Senior Vice President and Chief Operating Officer at Agiliti, a medical equipment management and services company
  • Former President of Southeast at United Parcel Service (UPS), holding a variety of strategic and operational roles for over 20 years
  • Member of the Georgia Commission on Freight and Logistics
  • Previously, Mr. Johnson was an Associate of Fixed Income Sales at Citigroup and an Associate at Oliver Wyman (formerly Mercer Management Consulting)

Mr. Johnson brings operational and logistics expertise, with specific knowledge of the logistics user experience and provides our Board of Trustees with related insight.

Committee Memberships

  •  Audit and Cyber Risk 
  • Nominating and ESG