News & Updates

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...

On May 22, Dermody Properties held a groundbreaking for LogistiCenter Louisville, a 315,147-square-foot distribution facility in the Renaissance South Business Park near the Louisville International Airport.

LogistiCenter Louisville will feature 32’ clear height, 60 dock doors, 4 drive-in...

Dermody Properties recently announced the sale of a 17,836-square-foot commercial building to a private buyer. The facility is located at 445 S. Virginia Street in the heart of downtown Reno.

Dermody Properties will reinvest the capital gained from the sale in state-of-the-art industrial...

Dermody Properties recently revised the master plan for LogistiCenter Logan, a 1,100-acre, master-planned industrial park in Logan Township, New Jersey.

The remaining 12 parcels in LogistiCenter Logan have been redesigned to meet a wide range of industrial requirements. All facilities are...

From left to right: Craig Willcut - United Construction, Doug Kiersey - Dermody Properties, Michael Russell - United Construction, Eric Bennett - CBRE, Patrick Gallagher - Dermody Properties, Michael Dermody - Dermody Properties,...

Dermody Properties was featured in this month's issue of Nevada Business Magazine as one of the state's "living legacy" companies:

When businessman John Dermody accepted the Nevada franchise for the Philco Appliance Company and relocated his family to Reno in 1950, little did anyone...

Will Develop LogistiCenter Louisville near Louisville International Airport

LOUISVILLE, Ky. -- Dermody Properties recently announced the purchase of 18.4 acres in Renaissance South Business Park near the Louisville International Airport. Dermody Properties will develop a 316,491 square...

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