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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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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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