RENO, Nev. — Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics properties, has hired John D. Ramous as Partner in Nevada, to spearhead and manage new and existing developments and acquisitions throughout the state. He is based in the company’s Reno office.
In this role, Ramous will be responsible for strategically identifying potential developments and acquisitions in Nevada.
A 30-year real estate veteran and established leader in the industry, Ramous brings extensive experience in industrial real estate development, acquisition, leasing, management and operations to Dermody Properties. His strong relationships both in Nevada and nationally will be a great asset to the company and its continued growth.
Current and past developments throughout the state include LogistiCenter℠ at Speedway, LogistiCenter℠ at Cheyenne, Black Mountain Industrial Park and LogistiCenter℠ at Las Vegas Boulevard, all in Las Vegas, Nev., as well as LogistiCenter℠ at 395, LogistiCenter℠ at I-80, Sparks Business Center and LogistiCenter℠ at Silver Lake, all located in Reno, Nev.
“I look forward to joining Dermody Properties and working with the team to drive continued growth and expansion in Nevada,” said Ramous. “The company already has a significant footprint in this region and there is strong potential for future acquisitions and developments.”
Prior to joining Dermody Properties, Ramous was Senior Vice President and Regional Manager at Harsch Investment Properties for over 16 years, where he managed the firm’s industrial portfolio of more than $1 billion and 10 million square feet in southern Nevada. He was also directly responsible for managing all major leasing, capital, operating and budget decisions, including a $40 million operating and capital budget.
Before Harsch Investment Properties, he served as Portfolio Manager at First Industrial Realty Trust in Chicago, where he managed a $750 million, 7.5 million-square-foot, nationally diverse office and industrial fund. He has also served as an Investment Officer at First Industrial Realty Trust, Senior Real Estate Manager at Mutual Benefit Life Assurance Corporation and Senior Acquisition Associate at Prudential Real Estate Investors.
Ramous is Chairman of the Board of Directors for the Henderson Chamber of Commerce and Past President of its Henderson Development Association. He was recently a Corporate Board Member of NAIOP, the Commercial Real Estate Development Association as well as an active member of the NAIOP Southern Nevada Chapter, the Urban Land Institute (ULI) and the Society of Industrial and Office Realtors (SIOR). He’s also an Executive Advisory Board member at the University of Nevada, Las Vegas’ Lee Business School. Ramous served as a North Las Vegas Mayor’s Financial Advisory Council member and was a member of Congressman Heck’s Economic Advisory Task Force.
Ramous holds a bachelor’s degree in finance with a concentration in Real Estate from the University of Connecticut.
“We are pleased to welcome John to our growing team,” said Douglas A. Kiersey, Jr., President of Dermody Properties. “His background and expertise in the industry will be a great advantage to our customers and our overall growth in Nevada.”
To learn more about Ramous, read his biography on our website.
About Dermody Properties
Dermody Properties 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 Properties has invested in more than 89 million square feet of logistics space. In addition to its regional office and company headquarters in Reno, Nev., Dermody Properties has regional offices in northern and southern California, Atlanta, Phoenix, Seattle, Chicago and New Jersey. For more information visit www.Dermody.com.