Reno – Dermody Properties, a national investment, development and management company, and Hillwood Investment Properties, were recently named a Top Dealmaker: Deals of the Year by Real Estate Forum Magazine for the development of the Wayfair Inc. (NYSE:W) fulfillment center in northern Kentucky. LogistiCenter(SM) at 275 is an 898,560-square-foot facility, and one of the … [Read more...] about Dermody Properties Recognized by Real Estate Forum as a Top Dealmaker: Deals of the Year
Dermody Properties
Dermody Properties Expands with 550,000 SF Development in North Las Vegas
Dermody Properties recently announced plans to develop a 550,000-square-foot industrial facility at Las Vegas Boulevard near North Walnut Road in North Las Vegas. Dermody Properties will start construction on the facility, known as LogistiCenter(SM) at Las Vegas Boulevard, in the second quarter of 2016 and expects to complete construction in late 2016. Upon completion, … [Read more...] about Dermody Properties Expands with 550,000 SF Development in North Las Vegas
Dermody Properties Names Becky Moody Controller, Hires New Corporate Accounting Manager
Reno – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., announced the promotion of Becky Moody to Controller and the hiring of Jenna Sulprizio as the company’s Corporate Accounting Manager. Moody and Sulprizio are both based at the company’s headquarters in Reno, Nev. Moody has worked at Dermody Properties for the past 14 … [Read more...] about Dermody Properties Names Becky Moody Controller, Hires New Corporate Accounting Manager
Dermody Properties Fully Leases North Las Vegas Industrial Center
LAS VEGAS — Dermody Properties, a national industrial development and operating company headquartered in Nevada, recently leased the remaining portion of its latest Las Vegas industrial development, LogistiCenter(SM) at Cheyenne, to Priority Wire & Cable, Inc., a premier supplier of wire and cable for wholesale distributors. LogistiCenter(SM) at Cheyenne will serve as a … [Read more...] about Dermody Properties Fully Leases North Las Vegas Industrial Center
Dermody Properties Hires New Assistant Development Manager in West Region Office
Dermody Properties, a national industrial real estate developer headquartered in Reno, Nev., has hired Shelagh Danna as the company’s Assistant Development Manager in the West Region office in Reno, Nev. Danna is responsible for project management across the development and acquisition process. She works with the company’s West Region team on the development and management … [Read more...] about Dermody Properties Hires New Assistant Development Manager in West Region Office
Developers: New Projects Signal Improved Markets
As the welcome sights and sounds of industrial construction continue to pop up all around the Silver State, business decision makers agree that economic good times are coming back. With 200 million square feet of development sprinkled around the U.S., Europe and Canada, developers at Panattoni Development Company, Inc. are happy to have stuck with in Nevada for 17 … [Read more...] about Developers: New Projects Signal Improved Markets
Industrial Summary: Fourth Quarter 2015
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q4, 2015 was 4.7 percent, a rise of 0.3 points, from 4.4 percent in Q3, 2015. Q4’s increase was the first quarter that the vacancy rose in three years. Additionally, between November 2014 and November 2015, the number of industrial-space using jobs in the Valley jumped by 6.9 percent. The strong growth … [Read more...] about Industrial Summary: Fourth Quarter 2015
Dermody Properties and PCCP Begin Construction on 1.6 Million-Square-Foot Industrial Park in Reno
PCCP, LLC and Dermody Properties, a national industrial development and operating company, recently broke ground on LogistiCenter at 395 Phase 2. On December 9, the companies and Nevada Governor Brian Sandoval celebrated the start of construction on the first facility, which is planned for 722,512 square feet with completion anticipated for May 2016. The facility is located at … [Read more...] about Dermody Properties and PCCP Begin Construction on 1.6 Million-Square-Foot Industrial Park in Reno
Dermody Properties Wins Industrial Deal of the Year
Reno, Nev. – A new fulfillment center that Dermody Properties, a national industrial development company headquartered in Reno, Nev., and Hillwood Investment Properties are developing for Wayfair Inc. (NYSE:W) was recently named the Industrial Deal of the Year by NAIOP, the Commercial Real Estate Development Association (NAIOP). The 898,560-square-foot facility, known as … [Read more...] about Dermody Properties Wins Industrial Deal of the Year
Dermody Properties Thanksgiving Capstone Award Provides $50,000 to Food Banks Across the U.S.
Dermody Properties, a national industrial real estate development firm headquartered in Reno, Nev., has announced the recipients of its annual Dermody Properties Thanksgiving Capstone Award. In Nevada, where Dermody Properties is headquartered, the Food Bank of Northern Nevada (FBNN) will receive $25,000 to assist with its School Pantry program. The Dermody Properties … [Read more...] about Dermody Properties Thanksgiving Capstone Award Provides $50,000 to Food Banks Across the U.S.
Elizabeth Teske of Dermody Properties Recognized as a Woman of Influence by Real Estate Forum Magazine
Reno – The editors of Real Estate Forum Magazine have selected Elizabeth Teske as a Southwest Woman of Influence for her achievements in the industrial real estate industry as a standout performer. Teske is Senior Vice President of Property Management at Dermody Properties, a national industrial real estate developer and operator. She is responsible for overseeing the … [Read more...] about Elizabeth Teske of Dermody Properties Recognized as a Woman of Influence by Real Estate Forum Magazine
Dermody Properties Breaks Ground on 475,800 SF
Dermody Properties, a national industrial development and operating company headquartered in Reno, Nev., and PCCP, an integrated real estate finance and investment management firm, recently broke ground on a 475,800-square-foot industrial facility at 4200 E. Braden Blvd. in Forks Township, Pennsylvania. The facility, known as LogistiCenter at 33, is centrally located in the … [Read more...] about Dermody Properties Breaks Ground on 475,800 SF
Industrial Retail Summary: Third Quarter 2015
Southern Nevada The overall vacancy rate for the Las Vegas Valley Industrial market in Q3, 2015 was 5 percent, a drop of 1.2 points, from 6.2 percent in Q3, 2015. The decline equates to 11 straight quarters of declining industrial vacancies. Additionally, between August 2014 and August 2015, the number of industrial-space using jobs in the Valley increased by 4.9 … [Read more...] about Industrial Retail Summary: Third Quarter 2015
Dermody Properties Welcomes New SVP of Development, Lou Berchicci
Dermody Properties has hired 25-year real estate industry veteran Lou Berchicci as the company’s Senior Vice President of Development, Midwest Region. Berchicci will be based in the company’s Midwest Region Office in Chicago. Berchicci is responsible for overseeing the design, entitlement, budget and construction for speculative and build-to-suit development in the Midwest … [Read more...] about Dermody Properties Welcomes New SVP of Development, Lou Berchicci
Dermody Properties Leases 148,635 SF in Las Vegas
Dermody Properties, a national industrial development and operating company headquartered in Reno, Nev., recently leased nearly half of its latest Las Vegas industrial development project to Southern Enterprises, one of the nation’s leading home furnishing designers and manufacturers. The company anticipates fulfilling 25 percent of its direct-to-consumer orders from the … [Read more...] about Dermody Properties Leases 148,635 SF in Las Vegas