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Dermody Properties Acquires 19 acres in Rialto, Calif. for new LogistiCenter℠

We recently acquired a 19-acre site located in the Inland Empire West Industrial Market. Construction on LogistiCenter℠ at Rialto I, a 411,330-square-foot distribution facility, will begin soon with an expected completion in December 2019. The site is located in the established Renaissance Rialto Business Park with immediate access to Interstate 210 via Alder Avenue and…

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Dermody Properties Acquires 13.53 acres in Riverside, Calif. for new LogistiCenter℠

We recently acquired an approximate 13.53-acre site in the Meridian Business Center in Riverside, Calif. Dermody Properties commenced construction of a 262,260-square-foot cross dock distribution facility, which the company estimates will be complete in Q2 of 2019. The new development will be called LogistiCenter℠ at Park Meridian. LogistiCenter℠, a nationally trademarked brand owned and developed…

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Dermody Properties Establishes Atlanta Office and Hires Industrial Real Estate Veteran Greg Ryan as Partner for Southeast Region

We have hired Greg Ryan as a Partner managing our newly defined Southeast Region. The region’s headquarters will be based in Atlanta. Ryan will be responsible for all land and building acquisitions, build-to-suit projects, development activities, customer relations and asset management in the Southeast Region. “I am pleased to join the incredibly experienced team at…

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Dermody Properties acquires 265,500 SF logistics building in prime California Inland Empire West submarket

We recently acquired a 265,500-square-foot logistics building in an established industrial business park in Fontana, Calif. Dermody Properties will make improvements to the building in the first quarter of 2019, including upgrading the fire system to ESFR, making aesthetic changes and demising the building into two spaces, although the property will be available to either…

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Dermody Properties leases 99,640 SF in Reno to Smart Warehousing

We recently leased 99,640 square feet at LogistiCenter℠ at 395, Phase 1, Building A in Reno, Nev. to Smart Warehousing. A third-party logistics firm, Smart Warehousing offers warehousing and fulfillment services in more than 25 locations across 12 states. PCCP, LLC is Dermody Properties’ strategic capital partner on the industrial park. George Condon, West Region…

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Dermody Properties acquires 296,361 SF distribution center in Portland, Oregon

We recently acquired a 296,361-square-foot industrial manufacturing and warehouse building at 19730 NE Sandy in Portland, Ore. The property, located in the Northeast Columbia Corridor submarket, will be managed by the company’s Northwest Region office, led by Phillip Wood, Northwest Region Partner. The property has 12.09 acres of adjacent developable land, and is situated in…

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Dermody Properties Foundation Announces 2018 Grant Recipients

Foundation celebrates 30-year anniversary with more than $150,000 donated to nonprofits nationwide. We have recently announced the 2018 Dermody Properties Foundation grant recipients. Among the organizations awarded grants are Northern Nevada Food Bank, The Holland Project, Big Brothers Big Sisters of Northern Nevada, Community Health Alliance, Nevada Youth Empowerment Project, Sierra Nevada Journeys, Make-A-Wish Illinois, Mercy…

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Mourning the Loss of Mike Dolan

Dermody Properties is saddened to share the news that Mike Dolan, Midwest Region Partner, was killed in a car accident on Saturday, December 8. Mike was a big part of the Dermody Properties family, and will be missed greatly. Read Mike Dolan’s Obituary Read Mike Dolan’s Bio

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Annual Dermody Properties Capstone Award Provides $50,000 to the Food Bank of Northern Nevada and BrainUp

We’re pleased to announce the recipients of our 2018 Annual Dermody Properties Capstone Award. The Food Bank of Northern Nevada (FBNN) of Reno, Nev. and BrainUp of Frankfort, Ill., will each receive $25,000 to assist in their efforts during the holiday season. The Dermody Properties Capstone Award is presented each year to help nonprofit organizations…

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Dermody Properties acquires 22.38-acre, 390,800 SF distribution space in the heart of the San Francisco Bay Area

We recently acquired a 390,800-square-foot distribution space at Hacienda Business Park in Pleasanton, Calif. The property will be managed by the company’s West Region office, led by George Condon, West Region Partner. The warehouse/distribution space is situated on a 22.38-acre parcel and includes excess land for future building expansion resulting in an additional 85,520 square…

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