NEWS
Dermody Properties Leases Harrisburg Property to VetSource
PHILADELPHIA, Penn. – Dermody Properties, parent company of DP Partners, announced that VetSource, Inc., a company that offers reliable national home delivery of veterinary-approved animal health products, has leased 12,000 square feet of space in LogistiCourt at 7917 Derry Street in Harrisburg, Penn. VetSource relocated to Derry Street from its current location in Middletown, Penn.…
Michael Dermody Named Most Respected CEO
Nevada Business Magazine recently named Michael Dermody, Chairman and CEO of Dermody Properties, one of the 2012 Most Respected CEOs, an elite group of professionals from some of Nevada’s most renowned organizations. Michael has been with Dermody Properties for 37 years, and in his time as CEO has led the company to become one of…
John Ascuaga Honored for Philanthropy at Summit Awards
Reno/Sparks, NEV – John Ascuaga, Sole Proprietor of John Ascuaga’s Nugget, received the Dermody Properties Philanthropic Award at the Seventh Annual Summit Awards on April 28. The awards ceremony honors achievements in commercial real estate and development, as well as salutes the individual accomplishments of property managers, philanthropic contributors, and those who have gone above…
Article from Reno Gazette-Journal: People You Should Know, Brendan Egan
Brendan Egan, Regional Director of Development, was recently featured in the Reno Gazette-Journal’s business column “People You Should Get To Know.” What Work Experiences Led You To Your Current Position? I started in commercial real estate on the brokerage side in Southern California in 1985. When I moved back to Reno in 1988, I knew…
Article from Northern Nevada Business Weekly: Michael Dermody, In His Own Words
In His Own Words: Michael Dermody of Dermody Properties Northern Nevada Business Weekly: Tell us about Dermody Properties and the duties of your position. Michael Dermody: Dermody Properties is a privately held, fully-integrated national industrial development company. Over its 50-year history we have developed and leased more than 35 million square feet of high-quality industrial/distribution…
Article from Gloucester County Times: Gloucester County's Business Outlook a Little Brighter, Say Officials
Stephen Bailey (Partner, Eastern Region) was quoted in a recent Gloucester County Times article on the bright future of Logan Township and Gloucester County. March 17, 2012 – Stephen Bailey is tired of sitting on the sidelines. Forget the recession. He wants back in the business development game. “We have enough confidence in the market…
Dermody Properties Honored by Mid Atlantic Real Estate Journal
Dermody Properties was featured in the MARE Journal’s Best of 2011 issue. The Penn Jersey (PJP) Corporate Headquarters and Distribution Center, located on 9355 Blue Grass Road in Northeast Philadelphia, won the Best of 2011 award for Largest Industrial Lease. From the Mid Atlantic Real Estate Journal: “In 2011 Dermody Properties completed the largest industrial…
Article from Portland Business Journal: Industrial Leasing Uptick Suggests Economic Revival
Kirk Olsen (Partner, Northwestern Region) was recently quoted in a Portland Business Journal article regarding the effects increased leasing rates have had on new construction. Portland, Ore. – The [industrial leasing] uptick offers fresh evidence of a thawing economy that could revive the stalled industrial development market. Portland’s newest industrial parks – those constructed in…
Development Veteran Returns to Dermody Properties
RENO, Nev. – Dermody Properties, parent company of DP Partners, has hired 27-year real estate veteran Brendan Egan as the company’s Regional Director of Development. Egan returns to Dermody Properties after 12 years managing his own development enterprises in the Sacramento and Reno areas. He will be responsible for developing build-to-suit projects, executing land sales…
Article from Mid Atlantic Real Estate Journal: Dermody Properties Announces LEED Silver Certification of Penn Jersey's Corporate HQ
Philadelphia, Penn. – Dermody Properties, parent company of DP Partners, has announced that the Penn Jersey (PJP) corporate headquarters and distribution center, completed in Philadelphia in April 2011, has achieved LEED (Leadership in Energy and Environmental Design) Silver Certification from the U.S. Green Building Council (USGBC). LEED Certification is awarded for buildings that are energy…