NEWS
Dermody Properties Hires Matthew Duplantis as Senior Vice President in its West Region
We recently hired Matthew Duplantis, a commercial real estate veteran with experience in industrial asset management and leasing, as the company’s Senior Vice President for our West Region. Duplantis will be based in the Reno, Nev. office and will be responsible for helping to identify potential developments and acquisitions, as well as leasing and asset…
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,…
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…
Annual Dermody Properties Capstone Award Provides $50,000 to the Food Bank of Northern Nevada and BrainUp
We’re pleased to announce the recipients of our 2018 Annual Dermody Properties Capstone Award. The Food Bank of Northern Nevada (FBNN) of Reno, Nev. and BrainUp of Frankfort, Ill., will each receive $25,000 to assist in their efforts during the holiday season. The Dermody Properties Capstone Award is presented each year to help nonprofit organizations…
Dermody Properties acquires 22.38-acre, 390,800 SF distribution space in the heart of the San Francisco Bay Area
We recently acquired a 390,800-square-foot distribution space at Hacienda Business Park in Pleasanton, Calif. The property will be managed by the company’s West Region office, led by George Condon, West Region Partner. The warehouse/distribution space is situated on a 22.38-acre parcel and includes excess land for future building expansion resulting in an additional 85,520 square…
Dermody Properties Acquires Four Buildings in California's Fremont Research Center
Recently, we announced the purchase of four buildings at Fremont Research Center located in Fremont, Calif., a submarket within the Silicon Valley. The buildings, totaling 191,703 square feet, are 87 percent occupied and are home to tenants in clean technology, R&D and advanced manufacturing. It will be managed by the company’s West Region office, led by…
Construction Milestone Reached at Dermody Properties’ Manteca Commerce Center
Dermody Properties recently reached a construction milestone with the tilt-up and placement of the first wall panels for its 286,072-square-foot industrial facility in Manteca, Calif. at DuPont Court. Located in California’s Central Valley, Manteca Commerce Center will feature a total of 50 dock doors, two grade-level doors, a 36-foot clear height and 156 car parking…
Dermody Properties Begins Construction on 436,368 Square Feet in Reno
Additional 615,000 Square Feet Planned for Region in Early 2018 Dermody Properties recently began construction on an additional building in its LogistiCenter℠ at 395 Phase 2 in the North Valleys of Reno, Nevada. The building will add 436,368 square feet, bringing the total square footage of LogistiCenter℠ at 395 Phase 2 to 1,158,880. Completion is…
Dermody Properties Leases 99,830 Square Feet in Bay Area to CHawk Technology
Dermody Properties, a national real estate investment, development and management company, specializing in acquisitions and development of logistics real estate, recently leased the remaining 99,830 square feet of its Huntwood Industrial Center in Hayward, California. The new tenant, CHawk Technology (CHawk), is a plastic component manufacturer that supplies semi-conductor companies. This building will be the…
Dermody Properties Completes 546,480 SF Logistics Facility in Las Vegas
Dermody Properties recently completed LogistiCenterSM at Las Vegas Boulevard, a 546,480-square-foot facility in the North Las Vegas submarket. Coming off its largest quarterly expansion of industrial inventory since the first half of 2008, North Las Vegas is a highly desirable market for e-commerce and omni-channel industrial operations. North Las Vegas is the largest warehouse/industrial market in…