NEWS
Groundbreaking on 624,000 SF Facility in Northern Nevada
From left to right: Craig Willcut – United Construction, Doug Kiersey – Dermody Properties, Michael Russell – United Construction, Eric Bennett – CBRE, Patrick Gallagher – Dermody Properties, Michael Dermody – Dermody Properties, Governor Brian Sandoval – State of Nevada, Melanie Gangel – PCCP, Todd Jarman – BBVA Compass Bank, Mayor Bob Cashell – City of…
Nevada's Living Legacies: Dermody Properties
Dermody Properties was featured in this month’s issue of Nevada Business Magazine as one of the state’s “living legacy” companies: When businessman John Dermody accepted the Nevada franchise for the Philco Appliance Company and relocated his family to Reno in 1950, little did anyone suspect that this move would be the catalyst that created a…
Dermody Properties Acquires 18.4 Acres in Louisville
Will Develop LogistiCenter Louisville near Louisville International Airport LOUISVILLE, Ky. — Dermody Properties recently announced the purchase of 18.4 acres in Renaissance South Business Park near the Louisville International Airport. Dermody Properties will develop a 316,491 square foot warehousing and distribution facility, known as LogistiCenter Louisville, on the site. Dermody Properties purchased the land from…
Dermody Properties Presents Annual Capstone Awards
Dermody Properties Awards Food Banks Annual Capstone Award of $50,000 The executive management team of Dermody Properties recently announced the recipients of the company’s annual Capstone Award. The Food Bank of Northern Nevada (FBNN) received $35,000 to assist with its Mobile Pantry program, and the Peoria Area Food Bank (PAFB) received $15,000 to assist in…
Dermody Properties Welcomes Jennifer Yonchuk
Dermody Properties, a national industrial real estate firm headquartered in Reno, Nev., has hired Jennifer Yonchuk as marketing and property management associate for the East Region Office, located in West Conshohocken, Penn. Yonchuk brings extensive real estate marketing and property management experience to Dermody Properties. Yonchuk is responsible for marketing, event planning and office administration,…
Dermody Properties Acquires 107 Acres
Will Develop LogistiCenter Carlisle Industrial Park in Carlisle, Pennsylvania Dermody Properties, a national industrial development firm headquartered in Reno, NV, together with PCCP, an integrated real estate finance and investment management firm, recently announced the purchase of a 107-acre parcel on Ames Drive in Carlisle, PA. The site will be the location of a two-building,…
Dermody Properties Acquires 34 Acres
Dermody Properties and AEW Capital Management Acquire 34 Acres in McCook, Ill. Will develop industrial park comprised of two facilities totaling 662,700 SF CHICAGO, Ill. — Dermody Properties, a national industrial development firm headquartered in Reno, Nev., in partnership with AEW Capital Management, recently announced the purchase of 34 acres of vacant land in the…
Dermody Properties Wins Corporate Citizen Award
Dermody Properties was recently announced as a winner of the Corporate Citizen Award by the Economic Development Authority of Western Nevada (EDAWN). Carol Martin, administrator of the Dermody Properties Foundation, accepted the award for Dermody Properties. We are proud of the work our foundation and employees do to help all of the communities in which…
Dermody Properties Acquires 91 Acres
Dermody Properties, a national industrial development firm, announced today the purchase of 91 acres on Lemmon Drive near Highway 395 in northern Reno, Nev. The site will be the location of a three-building, master-planned industrial park, known as LogistiCenter 395. Dermody Properties will break ground on a 624,000 square foot speculative warehouse/distribution building, which will…
Dermody Properties Sells 496,260 SF
Dermody Properties is pleased to announce the sale of 21751 Jason Rasmussen Drive in Sauk Village, Illinois to VHE II-Sauk, LLC (VHE). The company will occupy the entire 496,260 square-foot, rail-served, 30-foot clear building for its third party logistics business. “This transaction is strategically beneficial for both Dermody Properties and for VHE,” said Brian Quigley, partner for…