NEWS
Dermody Properties Names New Northwest Region Partner
Dermody Properties has hired 30-year real estate veteran Phillip Wood as the company’s partner in the Northwest Region Office. Wood will be responsible for all development, land and building acquisitions, build-to-suits, asset management and other projects in the northwestern U.S. Wood will manage the company’s Northwest Region Office, which is relocating to the greater Seattle…
Construction Begins on 315,147 SF Facility in Louisville
On May 22, Dermody Properties held a groundbreaking for LogistiCenter Louisville, a 315,147-square-foot distribution facility in the Renaissance South Business Park near the Louisville International Airport. LogistiCenter Louisville will feature 32’ clear height, 60 dock doors, 4 drive-in doors, 336 car parking stalls and 73 trailer stalls. “LogistiCenter Louisville will be a state-of-the-art industrial facility…
Dermody Properties Announces Sale of Commercial Building in Downtown Reno
Dermody Properties recently announced the sale of a 17,836-square-foot commercial building to a private buyer. The facility is located at 445 S. Virginia Street in the heart of downtown Reno. Dermody Properties will reinvest the capital gained from the sale in state-of-the-art industrial developments. “Our strategy is to liquidate assets that are not in keeping…
Master Plan for LogistiCenter Logan Updated
Dermody Properties recently revised the master plan for LogistiCenter Logan, a 1,100-acre, master-planned industrial park in Logan Township, New Jersey. The remaining 12 parcels in LogistiCenter Logan have been redesigned to meet a wide range of industrial requirements. All facilities are now planned with the capability to provide ample car and trailer parking, more efficient lighting,…
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,…