Reno, Nev. – Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce it has adopted a concise new name, Dermody. The streamlined name better reflects how the company is commonly recognized in the industry, and positions Dermody for continued growth, expansion and innovation.
“The industry has referred to the company as Dermody for years,” said Douglas A. Kiersey, Jr., Chief Executive Officer and President at Dermody. “This change reflects that reality, making our name more intuitive for our employees, customers, partners and investors. This broader identity will also provide our team of experts with the flexibility to pursue strategic joint ventures, partnerships and new initiatives.”
Originally founded in 1960, the company became Dermody Properties in 1982 as Michael C. Dermody became CEO and President. For more than four decades, Dermody has developed a well-respected culture that attracted and retained the best partners, team and customers in the industry. Today, under Doug Kiersey’s leadership, the name Dermody continues to represent the company’s deep history, well-established national presence, and keen positioning for continued success in the ever-growing logistics real estate industry.
“Our mission has been, and will always be, to provide the best platform for our team, which, in turn, provides excellent customer service for our clients,” said Michael C. Dermody, Executive Chairman at Dermody. “Dermody’s unwavering commitment to its mission and to its customers drives every aspect of our business—from acquiring and developing state-of-the-art logistics facilities to fostering generational relationships with our valued customers and investors. We are all very excited about the years ahead under the Dermody brand.”
For more information about Dermody and its logistics facilities across the country, please visit Dermody.com.
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About Dermody
Dermody is a privately-owned real estate investment, development and management firm that specializes in the acquisition and development of logistics real estate in strategic locations for e-commerce fulfillment centers, third-party logistics and distribution customers. Founded in 1960, Dermody has invested more than $10 billion of total capital across all platforms nationwide, having acquired and developed approximately 110 million square feet of logistics and industrial facilities. In addition to its corporate office in Reno, Nevada, it has regional offices in northern and southern California, Atlanta, Phoenix, Seattle, Chicago, Dallas, Indianapolis and New Jersey. For more information, visit www.Dermody.com.
