NEWS
Dermody Properties Grants a $5,000 Annual Thanksgiving Capstone Award to Catholic Charities of Northern Nevada
We have announced the recipients of the annual Dermody Properties Thanksgiving Capstone Award. Catholic Charities of Northern Nevada (CCNN), dedicated to providing support to those in need in the Reno/Sparks community as well as in rural Nevada, has received $5,000 to assist in its mission of helping people rise up out of poverty and overcome…
At nearly 1 million square feet, massive Reno industrial building goes vertical
Rob Sabo of Northern Nevada Business Weekly recently spoke with John Ramous, Partner in Nevada, about The Park at McCarran in Reno, Nev., of which the 995,782-square-foot anchor facility is currently being constructed with delivery expected in May 2022. Below is an excerpt of the article: The effects of the burgeoning ecommerce industry are being…
Dermody Properties Announces Completion and Lease of LogistiCenter℠ at Sunset
We are pleased to announce the completion of LogistiCenter℠ at Sunset, a 151,200-square-foot, state-of-the-art, e-commerce-ready property at Sunset Road and Bruce Street in Las Vegas. The entire building has been leased to CAE, a high-technology company that provides support and training solutions in civil aviation, defense and security, and healthcare. “CAE will find that LogistiCenter℠…
Dermody Properties Leases Distribution Circle Commerce Center in Las Vegas to One Solution
We are pleased to announce the lease of Distribution Circle Commerce Center to One Solution, a nationwide sales, marketing, consulting and training organization providing representation to best-in-class manufacturers in the industrial/MRO construction, safety, fire/rescue, utility, food processing and welding channels. One Solution will lease all 225,937 square feet of the building, located at 4141 Distribution Circle,…
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…
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…
Dermody Properties Leases Remaining Space at LogistiCenter℠ at Speedway in North Las Vegas
We have leased the remaining 48,600 square feet of space at LogistiCenterSM at Speedway in North Las Vegas to a large snack food production and distribution company. LogistiCenterSM at Speedway was completed in the second quarter of 2020 and is now fully leased. “Interest in and leasing activity for this property since the start of development and…
Dermody Properties Leases 63,600 Square Feet in North Las Vegas to Artesian Spas
We recently leased 63,600 square feet of space at LogistiCenterSM at Speedway in North Las Vegas to Artesian Spas, a manufacturer of some of the world’s leading hot tub brands providing hydrotherapy solutions to customers worldwide. Artesian Spas is based in Las Vegas and has more than 100 years of combined hot tub and spa manufacturing…
Dermody Properties Acquires 127,000 Square Feet of Logistics Real Estate in North Las Vegas
We recently acquired 4141 Distribution Circle, a 127,000-square-foot building in North Las Vegas. An expansion is currently underway on the property, named Distribution Circle Commerce Center, and is expected to be complete in the first quarter of 2021. Distribution Circle Commerce Center is strategically located on 12.91 acres in the North Las Vegas submarket. Upon…
Dermody Properties Leases Remaining Space at LogistiCenter℠ at 395 in Reno
We’re pleased to announce that we’ve leased the remaining 47,952 square feet of space at LogistiCenterSM at 395 Phase II Building 1 in Reno to an existing customer of the property. “We are pleased that our customer has chosen to leverage this facility to continue to fuel the growth of its operation,” said George Condon,…