NEWS
Construction Starts on 381,804 SF Facility in Las Vegas
Construction Starts on Warehouse/Distribution Facility in North Las Vegas Submarket Dermody Properties has started construction on LogistiCenter Cheyenne, a 381,804 SF distribution facility on 20 acres in the Interstate 15 corridor of Las Vegas. LogistiCenter Cheyenne is located at 4025 East Cheyenne Avenue, two miles east of Interstate 15. The key West Coast markets of…
Reno Developer Starts Work on North Las Vegas Distribution Center
by Jennifer Robison, Las Vegas Review-Journal A Reno industrial developer said Tuesday that it has started construction of a large, local distribution center in North Las Vegas. Dermody Properties is building its 381,804-square-foot LogistiCenterSM Cheyenne on 20 acres at 4025 E. Cheyenne Ave. The property will put tenants within a day’s drive of key West…
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…
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 Wins Corporate Citizen Award
Dermody Properties was recently announced as a winner of the Corporate Citizen Award by the Economic Development Authority of Western Nevada (EDAWN). Carol Martin, administrator of the Dermody Properties Foundation, accepted the award for Dermody Properties. We are proud of the work our foundation and employees do to help all of the communities in which…
Dermody Properties Acquires 91 Acres
Dermody Properties, a national industrial development firm, announced today the purchase of 91 acres on Lemmon Drive near Highway 395 in northern Reno, Nev. The site will be the location of a three-building, master-planned industrial park, known as LogistiCenter 395. Dermody Properties will break ground on a 624,000 square foot speculative warehouse/distribution building, which will…
Carol Martin Honored at NAIOP Summit Awards
We are proud to announce that Carol Martin, Dermody Properties’ Marketing Coordinator and Foundation Administrator, was awarded the “Extra Mile Award” at the Summit Awards, hosted by the Northern Nevada Chapter of NAIOP. Carol received the award for going beyond the call of duty in her work with Dermody Properties and NAIOP. Carol has been…
Carol Martin Featured in Reno Gazette Journal
Carol Martin was recently featured in the “People You Should Know” column of the Reno Gazette Journal. For ten years Carol Martin has been working to help keep Dermody Properties running smoothly. She joined the team to support senior staff and the leasing team as well as manage the lease administration for northern Nevada. Recently…
Dermody Properties Participates in Think Local Campaign
Dermody Properties is proud to participate in the Economic Development Authority of Western Nevada’s (EDAWN) Think Local initiative. In support of this program KRNV produced a public service announcement featuring CEO and Chairman of Dermody Properties, Michael Dermody, and the Urban Outfitters West Coast Internet Fulfillment Center, which celebrated its grand opening in September 2012.…
Gregory Arnold Joins Dermody Properties
RENO, Nev. – Dermody Properties, one of the nation’s leading industrial developers, has hired Gregory J. Arnold, as their newest Partner. Arnold, a 26-year industrial real estate veteran, will be stationed in the company’s eastern regional office in Philadelphia. Arnold will lead the company’s national customer relationship initiative, expanding on Dermody Properties’ strong foundation of…