NEWS
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…
Dermody Properties Breaks Ground on 750,000-Square-Foot Facility in Berks Park 78
BETHEL TOWNSHIP, Penn. – On July 15, Dermody Properties and Granite Real Estate Investment Trust (Granite), a Canadian-based Real Estate Investment Trust (REIT) engaged in the ownership and management of predominantly industrial and logistics properties in North America and Europe, broke ground on a new industrial development in Bethel Township, Penn. The facility is located at…
Dermody Properties Steps Up its Pace with U.S. Projects
by John Seelmeyer, Editor, Northern Nevada Business Weekly After sitting on the sidelines with the Great Recession played itself out, Dermody Properties is back in the game in a big way. The Reno-based developer of industrial properties – most of them intended for distribution operations – last week said it's starting construction on a 750,000-square-foot…
Construction to Begin in Berks Park 78
Dermody Properties and Granite Real Estate Investment Trust (“Granite”), a Canadian based Real Estate Investment Trust engaged in the ownership and management of predominantly industrial and logistics properties in North America and Europe, will start construction on a new industrial development in Bethel Township, Pennsylvania later this month. The building will be a 750,000 square…
Construction Begins on Industrial Park in McCook, IL
Dermody Properties and AEW Capital Management Break Ground in McCook On June 5 Dermody Properties, a national industrial development firm headquartered in Reno, Nev., AEW Capital Management, and Avison Young held a groundbreaking for LogistiCenter McCook, a two-building industrial complex at 1st Ave. and 47th St. in McCook, Ill. Located 11 miles from downtown Chicago,…