NEWS
The Distribution Industry in Nevada
From Nevada Business Magazine – July 2012 That big-box warehouse down the street may not be the prettiest feature of the Nevada landscape surrounding you, but next time you’re driving past it, consider this: It, and other facilities like it, might just save the state’s struggling economy. Nevada is poised to become a major distribution…
Dermody Properties Welcomes New Partner
RENO, Nev. – Dermody Properties has hired Brian P. Quigley as their Midwestern Partner. Quigley, an industrial real estate veteran, will be stationed in the company’s regional office in Chicago. Quigley will be responsible for driving growth and development in the Midwestern Region, as well as managing the company’s industrial portfolio, new build-to-suit projects, acquisitions…
LogistiCenter at Logan Featured in the MARE Journal
May 25, 2012 – Mid Atlantic Real Estate Journal: LogistiCenter at Logan, a Class A master-planned industrial park, sits on 1,100 acres of land in Logan Township, New Jersey. Since Dermody Properties, parent company of DP Partners, acquired the industrial park in 2005, five buildings totaling 1.5 million s/f have been developed. Upon total build-out,…
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…