News & Updates

Dermody Properties Breaks Ground on Two New Facilities in 1.2 Million-Square-Foot Industrial Park

On November 20th, Dermody Properties broke ground on Buildings A and C, the final two buildings in LogistiCenter 395, a 1.2 million-square-foot industrial park in northern Nevada. 

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Will Develop 98,400-Square-Foot Industrial Facility in the Portland Market

Dermody Properties recently announced the purchase of six acres at Northeast 60th Way in Vancouver. Dermody Properties will develop a 98,400-square-foot industrial facility, known as LogistiCenter 205, on the site...

South Brunswick, N.J. – On July 30, South Brunswick Mayor Frank Gambatese, Dermody Properties and AEW Capital Management (AEW) celebrated the groundbreaking of LogistiCenter Exit 8A, a 308,276-square-foot industrial facility in South Brunswick, N.J. AEW is partnering in the development on behalf...

RENO, Nev. – Dermody Properties recently hired Casey Kreck as the company’s new Senior Vice President, Finance. Kreck will work with the company’s Chief Financial Officer (CFO), Doug Lanning, to oversee all financial activities for Dermody Properties, including reporting, accounting and securing...

CHICAGO, Ill. – Dermody Properties has hired Megan Rahn as property administrator for the Midwest Region Office, located in Des Plaines, Ill. Rahn brings extensive brokerage, property management, marketing and accounting experience to the Dermody Properties team.

Rahn is responsible for...

BETHEL TOWNSHIP, Penn. – On July 15, Dermody Properties and Granite Real Estate Investment Trust (Granite), a Canadian-based Real Estate Investment Trust (REIT) engaged in the ownership and management of predominantly industrial and logistics properties in North America and Europe, broke ground...

by John Seelmeyer, Editor, Northern Nevada Business Weekly

After sitting on the sidelines with the Great Recession played itself out, Dermody Properties is back in the game in a big way. 

The Reno-based developer of industrial properties - most of them intended for distribution...

Dermody Properties and Granite Real Estate Investment Trust (“Granite”), a Canadian based Real Estate Investment Trust engaged in the ownership and management of predominantly industrial and logistics properties in North America and Europe, will start construction on a new industrial development...

Dermody Properties and AEW Capital Management Break Ground in McCook

On June 5 Dermody Properties, a national industrial development firm headquartered in Reno, Nev., AEW Capital Management, and Avison Young held a groundbreaking for LogistiCenter McCook, a two-building industrial complex...

Dermody Properties has hired 30-year real estate veteran Phillip Wood as the company’s partner in the Northwest Region Office.

Wood will be responsible for all development, land and building acquisitions, build-to-suits, asset management and other projects in the northwestern U.S. Wood...

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