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
LogistiCenter
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
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
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 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
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
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 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
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
Dermody Properties
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 successful industrial development company, Dermody Properties. Appliances after World War II were like cell phones are today… consumers couldn’t get enough of them. … [Read more...] about Dermody Properties