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Dermody Properties Establishes Southern California Office and Welcomes New Senior Vice President

Dermody Properties recently hired Nancy Shultz as Senior Vice President in its newly established Southern California Office, located at 4695 MacArthur Court in Newport Beach, California. Shultz is responsible for growing and managing Dermody Properties’ portfolio of industrial property in southern California. Her efforts will include sourcing acquisitions with a value-add profile and the development of high-quality distribution product.

“We are pleased to welcome Nancy to the team,” said Patrick Gallagher, Partner, Dermody Properties Southwest Region. “We are proud of our history of developing, owning and operating industrial property across the nation. We intend to capitalize on Nancy’s market knowledge and relationships to build a larger presence in this strategically important market for the benefit of our investors.”

Shultz has been active in the southern California industrial real estate market for over a decade, serving as Vice President at both Prologis and AMB Property where she closed more than $1 billion worth of transactions. She is active in NAIOP and received her MBA from UCLA Anderson School of Business

“I am excited to join such a well-respected firm known for its industrial product expertise,” said Shultz. “I look forward to expanding Dermody Properties’ footprint in southern California by working with the local community to find attractive investment opportunities.”

Companies interested in learning more about Dermody Properties’ development and investment activity in southern California can contact Nancy Shultz:
949-798-5716 or nshultz@dermody.com.