NEWS
Congratulations to Douglas A. Kiersey, Jr., One of GlobeSt’s CRE Best Bosses
We are pleased to announce that Dermody Properties President Douglas A. Kiersey, Jr. has been recognized as one of the Best Bosses in Commercial Real Estate by GlobeSt. Real Estate Forum. Since joining Dermody Properties in 2011, Doug has demonstrated exemplary leadership through his demonstration of our core values, and by creating a culture of…
Dermody Properties Hires Michelle Roland as Investment Manager
We are pleased to welcome Michelle Roland to the team in the role of Investment Manager in Nevada. Based out of the Reno office and company headquarters, Roland reports to John Ramous, Partner in Nevada for Dermody Properties, and supports Ramous in all acquisition, development, leasing, marketing, and property management efforts statewide. “Over the course of…
Dermody Properties Hires Kelley Cook as Director of Property Management – East
We are pleased to welcome Kelley Cook as Director of Property Management, East. Cook will be responsible for day-to-day operations and property management activities across the Eastern United States. Her first day was March 3 and she reports to Elizabeth Teske, Senior Vice President of Property Management. “Kelley’s prior experience in marketing, property management, logistics and…
Dermody Properties Leases 152,857 Square Feet in West Sacramento to LKQ Corporation
We have leased a portion of LogistiCenterSM at Southport to LKQ Corporation, the leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ will occupy 152,857 square feet of space, leaving 226,579 square feet available for lease within the building. “LKQ will be our first customer in this building,…
Dermody Properties Leases 262,260 SF in the Inland Empire to Global One Logistics
We’re pleased to announce that we have leased LogistiCenter℠ at Park Meridian to Global One Logistics, a third-party warehousing and distribution specialist serving the home fashion and apparel industries. The 262,260-square-foot, Class A building is located at 21822 Opportunity Way in Riverside. “LogistiCenter℠ at Park Meridian includes state-of-the-art features and cross-dock loading, both of which…
Dermody Properties Announces Lease of LogistiCenter℠ at Midway South to Pregis, LLC.
We have leased LogistiCenter℠ at Midway South to Pregis, LLC., a leading global provider of innovative packaging and protective products. Pregis has leased the entire 304,000-square-foot building, located on more than 29 acres at 9024 Old Route 22 in Bethel Township, Pa. “This facility offers well-designed and efficient space for a company like Pregis, with…
Dermody Properties Leases 79,430 SF in the Inland Empire West
We recently leased LogistiCenter℠ at Rialto II Building 9 to a well-established leader in the bedding industry. The customer will lease the entire building, located at 1798 N. Linden Avenue in Rialto. “This property’s high-image appearance, state-of-the-art features, nearby amenities and proximity to major arterials attracted the customer to this property,” said Matt Mexia, Partner…
Dermody Properties Hires Cara Wright as Senior Investment Manager
We are pleased to welcome Cara Wright to the team in the role of Senior Investment Manager. Based in Southern California, she will be responsible for supporting the team’s investment and development initiatives and will report to Matt Mexia, Partner in Southern California. “Cara has a strong background in leading business development and strategic efforts…
Dermody Properties to Develop a Three-Building Logistics Park in New Jersey
We will begin construction this spring on a 154-acre park for a planned, three-building development in Woolwich Township, Gloucester County, New Jersey. The project will be marketed as LogistiCenter℠ at Woolwich. CBRE has been selected as the exclusive agent for the park. Once complete, the three buildings will offer 262,200 square feet, 552,585 square feet…
Investors look to secondary markets for industrial and logistics investments
John Ramous, Partner in Nevada, recently contributed to an Institutional Real Estate, Inc. article which highlighted Reno, Nevada, as a thriving secondary market for the industrial and logistics industries. Dermody Properties has its roots and is headquartered in Reno, and we have always strongly believed that the region provides strategic value and has significant longevity…