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Dermody Properties Breaks Ground on 14 Acres at LogistiCenter℠ at Speedway In Las Vegas

We recently broke ground on a 251,800-square-foot distribution center in the North Las Vegas submarket of southern Nevada. It will be located at 6565 Nascar Street on a 14-acre site and will be called LogistiCenter℠ at Speedway. It is estimated that construction will be completed by first quarter of 2020. The North Las Vegas submarket…

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Dermody Properties Breaks Ground on 73 Acres at LogistiCenter℠ at Lehigh Valley East In Pennsylvania

We recently broke ground on two buildings in a 557,820-square-foot complex located 80 miles from the Port of New York and New Jersey. LogistiCenter℠ at Lehigh Valley East will be located at 450 East Moorestown Road in Wind Gap, Pa, in the Northampton County submarket. Construction of the first building is scheduled to be complete…

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Dermody Properties Promotes Brendan Egan to Vice President, National Account Manager

We announced today that West Region Development Director, Brendan Egan, has been promoted to the role of Vice President and National Account Manager at the company. In his enhanced role, Egan will be responsible for growing relationships with companies looking for logistics properties and with industrial brokers across the nation. He will be working with…

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Dermody Properties Hires Matthew Duplantis as Senior Vice President in its West Region

We recently hired Matthew Duplantis, a commercial real estate veteran with experience in industrial asset management and leasing, as the company’s Senior Vice President for our West Region. Duplantis will be based in the Reno, Nev. office and will be responsible for helping to identify potential developments and acquisitions, as well as leasing and asset…

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Dermody Properties Hires Chelsea Masdon as Associate Investment Manager

We announced today that we have hired Chelsea Masdon as an Associate Investment Manager in our Southeast Region. Masdon will be a key staff member to Greg Ryan, Partner in the Southeast Region, and will support the team’s investments and developments in the region. Masdon will use her extensive experience in marketing, database management and…

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Dermody Properties congratulates the 2018 SIOR Top 50 Industrial Transactions Awards Recipients

Dermody Properties congratulates the 2018 SIOR Top 50 Industrial Transactions award recipients. Their commitment and persistence has placed them at the pinnacle of their peers in industrial brokerage and deserves to be recognized. We applaud each of these brokers for a job well done and for elevating the work that’s done in this industry nationwide.…

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Dermody Properties Leases 40,750 SF in Reno to Power-Sonic

We recently leased 40,750 square feet in Building 4 of LogistiCenter℠ at I-80 in Reno to Power-Sonic. A global leader in design, marketing, distribution and application support of high-quality energy storage solutions, Power-Sonic Corporation’s products are used in a variety of industrial and electronic applications serving end markets including life safety, medical, utilities and infrastructure,…

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Dermody Properties Promotes Tim Walsh to Chief Investment Officer

We announced today that senior leadership member, Tim Walsh, has been promoted to the role of Chief Investment Officer at the company. His enhanced role includes overseeing all origination activities, such as acquisitions, development and build-to-suit projects. His primary focus will be working with Dermody Properties’ national team of regional partners to identify and target…

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Dermody Properties Acquires 108,698 SF Distribution Building in Wilsonville, Oregon

We recently acquired Kinsman Logistics Center. It is a 108,698-square-foot distribution building located at 27150 SW Kinsman Rd. in Wilsonville, which is part of the Southwest submarket and one of Portland, Oregon’s strongest industrial regions. The property is situated on 8.04 acres and offers excellent access to Interstate-5 and Interstate-205, providing unsurpassed coverage of the…

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Dermody Properties Completes Phase II of LogistiCenter℠ at 395 in Reno, NV

We recently completed the second building of Phase 2 of LogistiCenter℠ at 395 in the North Valleys sub-market of Reno. More than 436,000 square feet of state-of-the-art logistics real estate space is immediately available for lease. LogistiCenter℠ at 395, Phase II, Building 2 is located at 8800 Military Road in Reno. LogistiCenter℠ at 395, Phase…

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