SANTA FE SPRINGS – Dermody Properties, a national real estate investment, development and management company headquartered in Reno, Nevada and specializing in acquisitions and development of industrial real estate in strategic locations across the United States, recently acquired the Bloomfield Industrial Center located in Santa Fe Springs from a private investor. Located at … [Read more...] about National Industrial Developer Dermody Properties Expands to Southern California with Acquisition of 75,960 SF Facility
Dermody Properties
Retail Summary: First Quarter 2017
SOUTHERN NEVADA The Las Vegas Valley’s overall industrial vacancy rate in Q1 2017 was 5.5 percent, 0.3 percentage-points up from the 4th quarter of 2016. The warehouse/distribution product type was responsible for the vacancy increase as vacancy was down in all other product types. A large amount of warehouse/distribution space came to market in the second half of 2016; and … [Read more...] about Retail Summary: First Quarter 2017
Construction Milestone Reached at Dermody Properties’ LogistiCenter at Las Vegas Boulevard
Las Vegas – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nevada, announced that it reached a construction milestone with the tilt-up and placement of the first wall panels for its 546,480 SF industrial facility on Las Vegas Boulevard near North Walnut Road. The building will be completed on time by the end of the second quarter of … [Read more...] about Construction Milestone Reached at Dermody Properties’ LogistiCenter at Las Vegas Boulevard
National Industrial Developer Dermody Properties Acquires 130,000 SF in Bay Area
Hayward, CA — Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., recently acquired the nearly 130,000-square-foot 31033-31055 Huntwood Avenue facility in Hayward from a private investor. Renamed LogistiCenter(SM) at Huntwood, Dermody Properties will renovate the property this year, making it available for lease in mid-2017. “We … [Read more...] about National Industrial Developer Dermody Properties Acquires 130,000 SF in Bay Area
The Children’s Cabinet Celebrates 18th Annual Art of Childhood Fundraiser
Jimmy Wayne brings inspiration through his story and music RENO – The Children’s Cabinet has reason to celebrate its longstanding work of keeping children safe and families together. The 18th annual Art of Childhood fundraising gala took place Friday, September 16th at the Nevada Governor’s Mansion. This year, guests kicked up their spurs to live country music by Jimmy … [Read more...] about The Children’s Cabinet Celebrates 18th Annual Art of Childhood Fundraiser
Dermody Properties Establishes Southern California Office and Hires New Senior Vice President
Newport Beach, Calif. – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., has hired Nancy Shultz as Senior Vice President in its newly established Southern California Office, located at 4695 MacArthur Court in Newport Beach, Calif. Shultz is responsible for growing and managing Dermody Properties’ portfolio of industrial … [Read more...] about Dermody Properties Establishes Southern California Office and Hires New Senior Vice President
Dermody Properties Starts Construction on 622,726 Square Feet in Northern California
Reno, Nev. – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., recently announced it will develop a 622,726-square-foot industrial facility in Lathrop, Calif. The state-of-the-art facility, known as LogistiCenter(SM) at Lathrop, is located at 2131-2301 E. Louise Ave. John McManus, Executive Vice President at Cushman & … [Read more...] about Dermody Properties Starts Construction on 622,726 Square Feet in Northern California
Dermody Properties Begins Construction on 550,000 SF Development in Las Vegas
Las Vegas – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., recently started construction on a 550,000-square-foot industrial facility on Las Vegas Boulevard near North Walnut Road. United Construction Company is the design-build contractor on the project. The companies expect to complete construction in the Second Quarter of … [Read more...] about Dermody Properties Begins Construction on 550,000 SF Development in Las Vegas
Dermody Properties Breaks Ground on 546,000 SF Industrial Facility in Shepherdsville, Kentucky
Dermody Properties, a national industrial acquisition, development and operating firm headquartered in Reno, Nev., recently broke ground on a 546,000-square-foot industrial facility in Shepherdsville, Ky. Known as LogistiCenter(SM) at 480, the facility is located on Park Loop Road in the Cedar Grove Business Park. LogistiCenter at 480 is well-suited for e-commerce, warehouse … [Read more...] about Dermody Properties Breaks Ground on 546,000 SF Industrial Facility in Shepherdsville, Kentucky
Dermody Properties Breaks Ground on 9th Facility in Southern New Jersey Industrial Park
On June 22, Dermody Properties, a national industrial acquisition, development and operating firm headquartered in Reno, Nev., and Great Point Investors LLC broke ground on a new distribution facility at LogistiCenter(SM) at Logan, a 5.5-million-square-foot, Class A industrial park located in Logan Township. The companies broke ground on a 393,120-square-foot building … [Read more...] about Dermody Properties Breaks Ground on 9th Facility in Southern New Jersey Industrial Park
Dermody Properties Acquires 60.2 Acres for Industrial Development in Dallas
Plans to Expand Presence in Market through Additional Investment DALLAS — Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., recently announced the acquisition of a 60.2-acre site at Bonnie View Rd. and Telephone Rd. in Dallas, Texas. The site will be home to a two-phase, 1.1-million-square-foot industrial development, known as … [Read more...] about Dermody Properties Acquires 60.2 Acres for Industrial Development in Dallas
Dermody Properties Breaks Ground on 225,972 SF Industrial Facility in Fife, Washington
Seattle – Dermody Properties, a national industrial acquisition, development and operating firm headquartered in Reno, Nev., recently broke ground on a 225,972-square-foot industrial facility, known as LogistiCenter(SM) at 167, at 7450 26th St. E. Fife, Wash. LogistiCenter at 167 is ideally suited for distribution operations because of its strategic location. The facility is … [Read more...] about Dermody Properties Breaks Ground on 225,972 SF Industrial Facility in Fife, Washington
Industry Focus: Builders and Developers
Many builders and developers in the Silver State fought through the recession only to come out on the other side and realize there are new challenges facing their companies. Leaders in commercial building and development recently met at the Las Vegas offices of City National Bank to address these challenges and discuss opportunities in the industry. Connie Brennan, publisher … [Read more...] about Industry Focus: Builders and Developers
Industrial Summary: Fourth Quarter 2015
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q1, 2016 was 5.0 percent, a rise of 0.3 points, from 4.7 percent in Q4, 2015. Q1’s increase was the second quarter in a row with an increase in vacancy rate. Still, with the vacancy rate at such a low level, these rises are not a cause for concern. The strong growth in demand for industrial space, along … [Read more...] about Industrial Summary: Fourth Quarter 2015
Dermody Properties Announces Plans for 225,972 SF Development in Washington
SEATTLE – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., recently announced plans to develop a 225,972-square-foot industrial facility in Fife, Washington. The property, known as LogistiCenter at 167, is located at 7402 26th Street East. Dermody Properties is both owner and developer of the project. The company will start … [Read more...] about Dermody Properties Announces Plans for 225,972 SF Development in Washington