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
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
Real Estate Veteran John D. Ramous Joins Dermody Properties as Partner in Nevada
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 … [Read more...] about Real Estate Veteran John D. Ramous Joins Dermody Properties as Partner in Nevada
Dermody Properties Leases 244,000 SF in Reno, Nev. to International Outdoor Activewear Company
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 244,000 square feet at LogistiCenter℠ at I-80 in Reno to an international outdoor activewear company. The leased space is in Building 3 and Building 4 of LogistiCenter℠ at … [Read more...] about Dermody Properties Leases 244,000 SF in Reno, Nev. to International Outdoor Activewear Company
Dermody Properties Breaks Ground on 14 Acres at LogistiCenter at Speedway 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, recently broke ground on a 251,800-square-foot distribution center in the North Las Vegas submarket of southern Nevada. It will be located at 6565 Nascar Street on a 14-acre site and will be called … [Read more...] about Dermody Properties Breaks Ground on 14 Acres at LogistiCenter at Speedway In Las Vegas
Dermody Properties Promotes Brendan Egan to Vice President, National Account Manager
RENO, Nev. – Dermody Properties announced today that West Region Development Director, Brendan Egan, has been promoted to the role of Vice President and National Account Manager at the company. Dermody Properties is a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector. In his enhanced … [Read more...] about Dermody Properties Promotes Brendan Egan to Vice President, National Account Manager
Dermody Properties Hires Matthew Duplantis as Senior Vice President in its West Region
RENO, Nev. – Dermody Properties has hired Matthew Duplantis, a commercial real estate veteran with experience in industrial asset management and leasing, as the company’s Senior Vice President for its West Region. Dermody Properties is a national private equity real estate investment, development and management company focused exclusively on the logistics real estate … [Read more...] about Dermody Properties Hires Matthew Duplantis as Senior Vice President in its West Region
Dermody Properties Leases 40,750 SF in Reno to Power-Sonic
RENO, Nev. – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, recently leased 40,750 square feet in Building 4 of LogistiCenter℠ at I-80 in Reno to Power-Sonic. A global leader in design, marketing, distribution and application support of high-quality energy … [Read more...] about Dermody Properties Leases 40,750 SF in Reno to Power-Sonic
Dermody Properties Completes Phase II of LogistiCenter(SM) at 395 in Reno, NV
RENO, Nev. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has completed the second building of Phase 2 of LogistiCenter℠ at 395 in the North Valleys sub-market of Reno. More than 436,000 square feet of state-of-the-art logistics real estate space is immediately … [Read more...] about Dermody Properties Completes Phase II of LogistiCenter(SM) at 395 in Reno, NV
The Industrial RevolutionNevada’s Commercial Real Estate Industrial Market
The industrial real estate market is humming along very well, but still experiencing a hangover from the Great Recession. Multiple Nevada real estate executives noted the strong performance of industrial real estate in both Northern and Southern Nevada, led by low vacancy numbers, but it’s hard to keep up with the current demand. There’s a lack of speculative development, … [Read more...] about The Industrial Revolution
Dermody Properties Leases 99,640 SF in Reno to Smart Warehousing
RENO, Nev. – Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, recently leased 99,640 square feet at LogistiCenter℠ at 395, Phase 1, Building A in Reno, Nev. to Smart Warehousing. A third-party logistics firm, Smart Warehousing offers warehousing and fulfillment … [Read more...] about Dermody Properties Leases 99,640 SF in Reno to Smart Warehousing