RENO – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has acquired a 390,800-square-foot distribution space at Hacienda Business Park in Pleasanton, Calif. The property will be managed by the company’s West Region office, led by George Condon, West Region … [Read more...]
Casey Kreck named to Real Estate Forum’s 2018 50 under 40 in Commercial Real Estate
RENO – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, congratulates Casey Kreck, Senior Vice President of Finance, for being named one of Real Estate Forum’s 2018 50 under 40 in Commercial Real Estate. The national honor is given annually to leading professionals … [Read more...]
Dermody Properties Acquires Four Buildings in California’s Fremont Research Center
RENO – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, announced its purchase of four buildings at Fremont Research Center located in Fremont, Calif., a submarket within the Silicon Valley. The buildings, totaling 191,703 square feet, are 87 percent occupied and are … [Read more...]
Dermody Properties Acquires 14 Acres in Vacaville, Calif. for New LogistiCenter
Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics real estate, announced its purchase of 14 acres on Icon Way in Vacaville, Calif. LogistiCenter(SM) at Vacaville will feature 252,160 SF of Class A space for industrial/logistics tenants. Groundbreaking is scheduled to occur in … [Read more...]
Dermody Properties Hires Elizabeth Kauchak as Chief Operating Officer
CHICAGO – Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics properties, has hired 18-year industrial real estate veteran, Elizabeth Kauchak, as the company’s Chief Operating Officer. “I am pleased to join the incredibly experienced team at Dermody Properties,” said Kauchak. “I … [Read more...]
Build-To-Suit, Spec, Flex: Nevada’s Industrial Real Estate Industry Has It All
Industrial real estate isn’t static. Buildings are constructed, leased up and absorbed, vacancy rates fall and climb again, buildings constructed for one purpose end up serving another. Everything varies with the cycle of the economy. Industrial real estate itself is a microcosm view of the industries using it. The Nevada Market In Nevada, indicators point to continued … [Read more...]
Dermody Properties Begins Construction on 436,368 Square Feet in Reno
Developer has 615,000 Additional Square Feet Planned for Early 2018 RENO — Dermody Properties recently began construction on an additional building in its LogistiCenter(SM) at 395 Phase 2 in the North Valleys of Reno, Nev. The building will add 436,368 square feet, bringing the total square footage of LogistiCenter at 395 Phase 2 to 1,158,880. Completion is projected in … [Read more...]
Dermody Properties Leases 401,008 Square Feet in New Jersey to Kenco Logistics
Kenco Expects to Create 50 Jobs With New Facility Logan Township, N.J. — Dermody Properties, a national real estate investment, development and management company, specializing in acquisitions and development of logistics real estate, recently leased 401,008 square feet in its LogistiCenter(SM) at Logan industrial park to Kenco Logistics (Kenco). Kenco specializes in … [Read more...]
Dermody Properties’ Annual Thanksgiving Capstone Award Provides $50,000 to One America Appeal for Hurricane Relief and the Food Bank of Northern Nevada
Reno, Nev. – Dermody Properties, a national industrial real estate owner-operator has announced the recipients of the annual Dermody Properties Thanksgiving Capstone Award. One America Appeal for Hurricane Relief (One America Appeal) and the Food Bank of Northern Nevada (FBNN) will each receive $25,000 to assist in their efforts during the holiday season. The Dermody Properties … [Read more...]
Dermody Properties Leases 99,830 Square Feet in Bay Area to CHawk Technology
CHawk Expects to Create 120 New Jobs with New Facility Hayward, Calif. — Dermody Properties, a national real estate investment, development and management company, specializing in acquisitions and development of logistics real estate, recently leased the remaining 99,830 square feet of its Huntwood Industrial Center in Hayward, Calif. The new tenant, CHawk Technology … [Read more...]
Robert Borny Joins Dermody Properties as Senior Vice President of Capital Deployment, East Region
Chatham, N.J. – Dermody Properties, a national real estate investment, development, and management company specializing in acquisitions and development of logistics real estate, recently welcomed Robert Borny as Senior Vice President of Capital Deployment, East Region. Borny is responsible for identifying and executing industrial acquisition opportunities in the eastern United … [Read more...]
Dermody Properties Acquires 777,579 SF Industrial Park Near Seattle
Seattle, Wash. – Dermody Properties, a national real estate investment, development, and management company specializing in acquisitions and development of logistics real estate in the U.S., recently acquired the Meridian Campus Corporate Park in Lacey, Washington just south of Seattle. The industrial park consists of three buildings totaling 459,551 square feet and 18 acres of … [Read more...]
Dermody Properties Names Jeff Zygler Leader of National E-Commerce Initiative
Chatham, N.J. – Dermody Properties, a national real estate investment, development, and management company specializing in acquisitions and development of logistics real estate, has announced Jeff Zygler, Senior Vice President – Capital Deployment, will lead the company’s national e-commerce initiative. Zygler has been with the firm since 2015 and is based in the East Region … [Read more...]
Dermody Properties Leases 210,700 SF in Seattle to International Appliance Manufacturer
Seattle, Wash. – Dermody Properties, a national real estate investment, development and management company, specializing in acquisitions and development of logistics real estate, recently leased a 210,700-square-foot industrial facility in Lakewood, Wash. to an international appliance manufacturer. The facility, known as LogistiCenter(SM) at I-5, is located one-half mile … [Read more...]
Dermody Properties Completes 626,439 SF Distribution Center in Dallas
Dallas, Texas – Dermody Properties, a national real estate investment, development, and management company specializing in acquisitions and development of logistics real estate, recently completed Phase 1 of LogistiCenter at Dallas, a two-building industrial park located on a 61.725-acre site in south Dallas at Bonnie View Road and Logistics Drive near Interstate 20. Phase 1 of … [Read more...]
Dermody Properties Completes 546,480 SF Logistics Facility in Las Vegas
LAS VEGAS – Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics real estate, recently completed LogistiCenter(SM) at Las Vegas Boulevard, a 546,480-square-foot facility in the North Las Vegas submarket. Coming off its largest quarterly expansion of industrial inventory since the … [Read more...]
Dermody Properties Acquires 81,704 SF Fremont Industrial Center
FREMONT, Calif. – Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of industrial real estate in the U.S., recently acquired the Fremont Industrial Center. The 81,704 SF building is located at 2710 Lakeview Court in Fremont, Calif., one of the best industrial markets in the San Francisco Bay … [Read more...]
National Industrial Developer Dermody Properties Acquires 111,043 SF Class-A Industrial Building in the Silicon Valley
SAN JOSE – Dermody Properties, a national real estate investment, development and management company headquartered in Reno, Nevada and specializing in acquisitions and development of industrial real estate in strategic locations across the United States, recently acquired the 111,043 SF Silicon Valley Industrial Center from a private investor. Located at 6212 Hellyer Ave. in … [Read more...]
National Industrial Developer Dermody Properties Expands to Southern California with Acquisition of 75,960 SF Facility
SANTA FE SPRINGS – Dermody Properties, a national real estate investment, development and management company headquartered in Reno, Nevada and specializing in acquisitions and development of industrial real estate in strategic locations across the United States, recently acquired the Bloomfield Industrial Center located in Santa Fe Springs from a private investor. Located at … [Read more...]
Retail Summary: First Quarter 2017
SOUTHERN NEVADA The Las Vegas Valley’s overall industrial vacancy rate in Q1 2017 was 5.5 percent, 0.3 percentage-points up from the 4th quarter of 2016. The warehouse/distribution product type was responsible for the vacancy increase as vacancy was down in all other product types. A large amount of warehouse/distribution space came to market in the second half of 2016; and … [Read more...]
