As Nevada’s economy picks up the pace, businesses are returning to Nevada and Nevada is returning to business – mostly. In Southern Nevada there’s no real wage growth, gaming revenues are down, home sales are slowing. At the same time, industrial property vacancies are dropping, flex space rents are low but flex spaces themselves are… [More…]
RENO, Nev. – Dermody Properties, a national industrial real estate development and operating company headquartered in Reno, has broken ground on the final two buildings in LogistiCenter 395, its 1.2 million-square-foot industrial park in northern Nevada. The company started construction on the two new facilities, Buildings A and C, on November 20. Upon completion, Building… [More…]
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… [More…]
A leader, a mentor or a boss. Whatever other name you give a CEO, whether or not they’re respected by their employees is an essential part of the make-up of any organization. Respect can make the difference between success and failure for any company and the man or woman in charge is the one responsible… [More…]
Executives representing this industry recently met at the Las Vegas office of Holland & Hart to discuss commercial real estate and what’s in store for the future.
Kyle Nagy, Commercial Capital Advisors, NAIOP; Cathy Jones, Sun Commercial Real Estate; Ryan Martin, Colliers International, CCIM; Jeffrey Vilkin, Tradewinds Construction; Mason Gorda, Ledcor Construction; Kevin Burke, Burke & Associates; Michael Dermody, DP Partners; Mike Montandon, VOIT Commercial Real Estate; Jeff Ehret, PENTA Building Group; Doug Roberts, Panattoni Development; Robert Leidig, Flagship Construction Co.; Mike Mixer, Colliers International; Laurie Paquette, General Growth Properties; Lance Earl, Holland & Hart [More…]