NEWS
Reno Developer Starts Work on North Las Vegas Distribution Center
by Jennifer Robison, Las Vegas Review-Journal A Reno industrial developer said Tuesday that it has started construction of a large, local distribution center in North Las Vegas. Dermody Properties is building its 381,804-square-foot LogistiCenterSM Cheyenne on 20 acres at 4025 E. Cheyenne Ave. The property will put tenants within a day’s drive of key West…
Dermody Properties Breaks Ground on Industrial Facility in Northwest
Construction Starts on LogistiCenter 205 in Vancouver, Washington Dermody Properties recently broke ground on a 98,400-square-foot industrial facility, known as LogistiCenter 205, at NE 60th Way in Vancouver, Washington. Upon completion, the facility will feature 30’ clear height, a 130’ truck court and Early Suppression, Fast Response sprinkler systems. LogistiCenter 205 will be best suited…
Construction Starts on Multi-Tenant Industrial Facility in Southern New Jersey
Dermody Properties has started construction on a new multi-tenant facility in LogistiCenter Logan, our 7.4-million-square-foot industrial park in Logan Township, New Jersey. The multi-tenant facility, located at 1110 Commerce Blvd., will total 171,600 square feet. Construction is expected to be complete in Summer 2015. Upon completion, the facility will be fully operational and ideally suited…
Dermody Properties Presents Annual Capstone Award of $50,000 to Three Food Banks
The executive management team of Dermody Properties has announced the recipients of the company’s annual Capstone Award. In Nevada, where Dermody Properties is headquartered, the Food Bank of Northern Nevada (FBNN) will receive $35,000 to assist with its Mobile Pantry program. In Dermody Properties’ Northwest Region, two food banks will each receive $7,500: Oregon Food…
Brian Quigley: CRE's Transformer
by Bianca Herron, RE Journals, December 11, 2014 Brian Quigley started in the real estate industry in 1987 after graduating from DePaul and cut his teeth at JMB Realty as a CPA in the financial reporting department. Quigley said JMB was a great place to start because of the tremendous deal flow and exposure to…
Construction Starts on Final Facilities in Nevada Industrial Park, LogistiCenter 395
Dermody Properties Breaks Ground on Two New Facilities in 1.2 Million-Square-Foot Industrial Park On November 20th, Dermody Properties broke ground on Buildings A and C, the final two buildings in LogistiCenter 395, a 1.2 million-square-foot industrial park in northern Nevada. Upon completion, Building A will total 402,320 square feet and Building C will total 224,640…
Dermody Properites Acquires Industrial Site Near I-205 in Vancouver, WA
Will Develop 98,400-Square-Foot Industrial Facility in the Portland Market Dermody Properties recently announced the purchase of six acres at Northeast 60th Way in Vancouver. Dermody Properties will develop a 98,400-square-foot industrial facility, known as LogistiCenter 205, on the site. LogistiCenter 205 will be the only Class A industrial facility available in the Vancouver/ Clark County submarket.…
Construction Begins on Industrial Facility at New Jersey Turnpike Exit 8A
South Brunswick, N.J. – On July 30, South Brunswick Mayor Frank Gambatese, Dermody Properties and AEW Capital Management (AEW) celebrated the groundbreaking of LogistiCenter Exit 8A, a 308,276-square-foot industrial facility in South Brunswick, N.J. AEW is partnering in the development on behalf of AEW Partners VII, L.P., an opportunistic real estate fund. The property is being…
Dermody Properties Announces New Senior Vice President of Finance
RENO, Nev. – Dermody Properties recently hired Casey Kreck as the company’s new Senior Vice President, Finance. Kreck will work with the company’s Chief Financial Officer (CFO), Doug Lanning, to oversee all financial activities for Dermody Properties, including reporting, accounting and securing financing for the firm’s development projects. He will be responsible for all financial planning and…
Dermody Properties Hires New Property Administrator
CHICAGO, Ill. – Dermody Properties has hired Megan Rahn as property administrator for the Midwest Region Office, located in Des Plaines, Ill. Rahn brings extensive brokerage, property management, marketing and accounting experience to the Dermody Properties team. Rahn is responsible for the day-to-day operations of the Midwest Region Office, and supports its development, management and accounting…