Welcome to the inaugural Nevada Business Awards! Thank you for being a part of this very special issue. There is a reason Nevada is known as the Battle Born state. Apart from the way Nevada became a state, the title resonates with Nevadans because of the resilience and perseverance it implies. Battle Born is particularly applicable to Nevada businesses and entrepreneurs who … [Read more...] about Nevada Business Awards
Dermody Properties
Dermody Properties Leases Distribution Circle Commerce Center in Las Vegas to One Solution
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, is pleased to announce the lease of Distribution Circle Commerce Center to One Solution, a nationwide sales, marketing, consulting and training organization providing representation to best-in-class manufacturers in … [Read more...] about Dermody Properties Leases Distribution Circle Commerce Center in Las Vegas to One Solution
Dermody Properties Hires Michelle Roland as Investment Manager
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, is pleased to welcome Michelle Roland to the team in the role of Investment Manager in Nevada. Based out of the Reno office and company headquarters, Roland reports to John Ramous, Partner in Nevada for Dermody … [Read more...] about Dermody Properties Hires Michelle Roland as Investment Manager
Industrial SubmarketDemand Over Pandemic
The industrial real estate market has been crucial to the economy throughout the coronavirus pandemic as its stability has been driven by demand from e-commerce companies as consumer spending habits have shifted away from brick-and-mortar retail to online. That shift may be permanent as Nevada’s economy begins to recover from the pandemic. But some brokers believe retail … [Read more...] about Industrial Submarket
Dermody Properties Promotes Kimberly Rossiter to Director of Property Management, West
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, recently announced that Kimberly Rossiter has been promoted to Director of Property Management, West. In this role, Rossiter oversees operations and property management activities across the Western United States. She … [Read more...] about Dermody Properties Promotes Kimberly Rossiter to Director of Property Management, West
Commercial RE ReportIndustrial Summary: Fourth Quarter 2020
Northern Nevada By CBRE Reno The northern Nevada industrial market finished off a strong year by recording the largest year-to-date net absorption total since 2016. The fourth quarter of 2020 recorded 1.2 million square feet of positive net absorption, pushing the year-end total to 4.3 million square feet. Overall, the market had strong leasing activity throughout the … [Read more...] about Commercial RE Report
Dermody Properties Leases Remaining Space at LogistiCenter℠ at Speedway in North Las Vegas
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has leased the remaining 48,600 square feet of space at LogistiCenterSM at Speedway in North Las Vegas to a large snack food production and distribution company. LogistiCenter℠ at Speedway was completed in the second … [Read more...] about Dermody Properties Leases Remaining Space at LogistiCenter℠ at Speedway in North Las Vegas
Dermody Properties Grants a $25,000 Annual Thanksgiving Capstone Award to the Food Bank of Northern Nevada
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has announced the recipients of its annual Dermody Properties Thanksgiving Capstone Award. The Food Bank of Northern Nevada (FBNN) will receive $25,000 to support its core food program, providing 75,000 meals … [Read more...] about Dermody Properties Grants a $25,000 Annual Thanksgiving Capstone Award to the Food Bank of Northern Nevada
Dermody Properties Leases 63,600 Square Feet in North Las Vegas to Artesian Spas
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has leased 63,600 square feet of space at LogistiCenterSM at Speedway in North Las Vegas to Artesian Spas, a manufacturer of some of the world’s leading hot tub brands providing hydrotherapy … [Read more...] about Dermody Properties Leases 63,600 Square Feet in North Las Vegas to Artesian Spas
Dermody Properties Acquires 127,000 Square Feet of Logistics Real Estate in North Las Vegas
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has acquired 4141 Distribution Circle, a 127,000-square-foot building in North Las Vegas. An expansion is currently underway on the property, named Distribution Circle Commerce Center, and is … [Read more...] about Dermody Properties Acquires 127,000 Square Feet of Logistics Real Estate in North Las Vegas
Dermody Properties Leases Remaining Space at LogistiCenter℠ at 395 in Reno
Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has leased the remaining 47,952 square feet of space at LogistiCenterSM at 395 Phase II Building 1 in Reno to an existing customer of the property. “We are pleased that our customer has chosen … [Read more...] about Dermody Properties Leases Remaining Space at LogistiCenter℠ at 395 in Reno
Dermody Properties Announces New Customer at LogistiCenter℠ at Speedway in North Las Vegas
LAS VEGAS, Nev. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has leased 64,400 square feet at LogistiCenter℠ at Speedway to Noble Supply & Logistics. Noble is a provider of supply chain management, logistics, mission support, and technology/e-commerce … [Read more...] about Dermody Properties Announces New Customer at LogistiCenter℠ at Speedway in North Las Vegas
Dermody Properties Announces New Customer at LogistiCenter℠ at 395 in Reno
RENO, Nev. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has leased a portion of LogistiCenterSM at 395 Phase II Building I in Reno. The new customer is Ernest Packaging Solutions (EPS), a family-run business that uses a … [Read more...] about Dermody Properties Announces New Customer at LogistiCenter℠ at 395 in Reno
Dermody Properties Acquires 9.49 Acres in Las Vegas for LogistiCenter℠ at Sunset
LAS VEGAS, Nev. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has purchased 9.49 acres in Las Vegas for a new state-of-the-art facility that will be called LogistiCenterSM at Sunset. This 151,200-square-foot, e-commerce-ready property at Sunset Road … [Read more...] about Dermody Properties Acquires 9.49 Acres in Las Vegas for LogistiCenter℠ at Sunset
Dermody Properties Announces Completion and Partial Lease of LogistiCenter℠ at Speedway in North Las Vegas
LAS VEGAS, NV — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has completed the construction of LogistiCenterSM at Speedway. The 251,800-square-foot distribution center is located on a 14-acre site at 6565 Nascar St. in North Las Vegas. There is … [Read more...] about Dermody Properties Announces Completion and Partial Lease of LogistiCenter℠ at Speedway in North Las Vegas
Supply & DemandNevada’s Industrial Market
The demand for industrial space has been extraordinarily strong in Nevada throughout this economic expansion and is expected to stay consistent throughout the rest of this year and into 2021, according to real estate professionals throughout the state. Originally, a decline in demand was expected due to the country’s trade war with China, but with trade tensions easing that … [Read more...] about Supply & Demand
Industry FocusBuilders & Developers
Over the past decade, builders and developers in Nevada have seen a host of changes and have had to adapt to a difficult and quickly changing economic landscape. Leaders in this industry recently met at the Las Vegas offices of City National Bank to discuss the future of building and development in Nevada. Connie Brennan, publisher and CEO of Nevada Business … [Read more...] about Industry Focus
Dermody Properties Acquires 158,166 Square Feet of Prime Logistics Real Estate in Las Vegas
LAS VEGAS, Nev. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has acquired Pama Distribution Center I at 1385 E. Pama Ln. and Lone Mountain Distribution Center I at 2628 E. Lone Mountain Rd., both in Las Vegas. The two multi-tenant, concrete tilt-up … [Read more...] about Dermody Properties Acquires 158,166 Square Feet of Prime Logistics Real Estate in Las Vegas
Dermody Properties Foundation Announces 2019 Grant Recipients
Foundation donates more than $150,000 to nonprofits nationwide RENO, Nev. – The Dermody Properties Foundation has announced its 2019 grant recipients. Among the organizations awarded are Prevent Child Abuse – New Jersey in New Brunswick, N.J., Women and Children’s Center of the Sierra in Reno, Nev., Rebuilding Together Greater Harrisburg in Harrisburg, Pa., Portland … [Read more...] about Dermody Properties Foundation Announces 2019 Grant Recipients
Dermody Properties Grants $25,000 Annual Thanksgiving Capstone Award to Food Bank of Northern Nevada
$50,000 to be awarded to seven organizations nationally RENO, Nev. – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has announced the recipients of its annual Dermody Properties Thanksgiving Capstone Award. The Food Bank of Northern Nevada (FBNN) will receive … [Read more...] about Dermody Properties Grants $25,000 Annual Thanksgiving Capstone Award to Food Bank of Northern Nevada