RENO, Nev. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has hired Pearce Dermody as Vice President and Investment Manager in Nevada.
Dermody brings a breadth of experience in the federal funds allocation process, land use policy, and cost structures – all critical in working with federal agencies, stakeholders, and investors. He will be responsible for the sourcing and management of acquisitions and the development of logistics products all across Nevada. Dermody will support and work closely with John Ramous, Partner in Nevada.
“I am humbled to be joining the exceptional team at Dermody Properties,” said Dermody. “I am pleased to be part of a culture that is customer-focused and to be surrounded by colleagues that continually strive for excellence.”
Prior to his role at Dermody Properties, Dermody was Vice President at Atalyst Financial Group where he served on the executive team originating, engineering, and executing investment banking transactions, as well as transactions related to securities, mortgage brokerage, and real estate brokerage.
“We are thrilled to welcome Pearce to Dermody Properties,” said John Ramous, Partner in Nevada at Dermody Properties. “His experience in managing relationships with stakeholders and investors will be a great asset to our company and for our customers in Nevada.”
Dermody holds a master’s degree in real estate from Georgetown University and a bachelor’s degree in political science with a minor in business administration from the University of Nevada, Reno. He also holds a Certificate in Commercial Real Estate from Cornell University.
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 more than $6.2 billion of total capital across all platforms nationwide, having acquired and developed approximately 100 million square feet of logistics and industrial facilities. In addition to its corporate office in Reno, Nev., it has regional offices in northern and southern California, Atlanta, Phoenix, Seattle, Chicago, Dallas and New Jersey. For more information, visit www.Dermody.com.