RENO, Nev.— Dermody—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—has leased three logistics facilities in its northern Nevada portfolio totaling 389,892 square feet across Sparks and Verdi. The new customers include Belimo Aircontrols (USA), Inc., Bitdeer Industrial Inc. and West Coast Boat Center, … [Read more...] about Dermody Rounds Out the Year with Three New Leases in Northern Nevada
Dermody Properties Raises $1 Billion for Industrial Fund IV
RENO, Nev. – Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—announces the successful closure of its fourth commingled fund, Dermody Properties Industrial Fund IV, L.P. (DPIF IV), securing $1.043 billion in capital commitments. This figure closely mirrors the $1.065 billion raised … [Read more...] about Dermody Properties Raises $1 Billion for Industrial Fund IV
Michael C. Dermody Receives Inaugural NAIOP ‘Legend Award’ for Lifetime Achievement in Northern Nevada
RENO, Nev. – Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce that Executive Chairman Michael C. Dermody is the first recipient of the Legend Award from NAIOP Northern Nevada, a commercial real estate development association. This prestigious honor recognizes Mr. … [Read more...] about Michael C. Dermody Receives Inaugural NAIOP ‘Legend Award’ for Lifetime Achievement in Northern Nevada
The Dermody Properties Foundation Announces 2023 Grant Recipients
RENO, Nev. – The Dermody Properties Foundation has announced its 2023 grant recipients. Among the awardees are the Reno Bike Project, Down Syndrome Network and Big Brothers Big Sisters in Reno, Nevada; EyeCare4Kids in Las Vegas, Nevada; Phoenix Children’s Hospital Foundation in Phoenix, Arizona; East Bay Kidpower in Castro Valley, California; Laura’s House in Aliso Viejo, … [Read more...] about The Dermody Properties Foundation Announces 2023 Grant Recipients
Dermody Properties Gifts a $25,000 Annual Thanksgiving Capstone Award to the Food Bank of Northern Nevada
RENO, Nev. – Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—has announced the recipients of its Annual Dermody Properties Thanksgiving Capstone Award. The Food Bank of Northern Nevada will receive $25,000 to support its ongoing programs and services providing wholesome, nutritious … [Read more...] about Dermody Properties Gifts a $25,000 Annual Thanksgiving Capstone Award to the Food Bank of Northern Nevada
Dermody Properties Announces The Park at McCarran is Fully Leased
RENO, Nev. – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, in partnership with Locus Development Group, has announced that all three buildings comprising The Park at McCarran logistics park are fully leased. The park offers a combined 1.35 million square feet of … [Read more...] about Dermody Properties Announces The Park at McCarran is Fully Leased
Jeremy Stilley Joins Dermody Properties as Senior Vice President of Development for Nevada
LAS VEGAS — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has hired Jeremy Stilley as Senior Vice President of Development for Nevada. Stilley will be responsible for providing due diligence, design, entitlement, budget and construction oversight for … [Read more...] about Jeremy Stilley Joins Dermody Properties as Senior Vice President of Development for Nevada