CHICAGO—Both its headquarters in Reno and the Midwest office and Chicago have several new key hires and promotions.
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Brian J. Rogal |
brianjrogal |
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Updated on March 21, 2016
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Michael DolanCHICAGO—The nation’s industrial market is on a roll, andDermody Properties, a Reno, NV-based industrial owner-operator has brought on several new top people, both at its headquarters and for the burgeoning Midwest region.Michael J. Dolan has just been hired as partner and is stationed in the company’s Midwest regional office in Chicago. He now has responsibility for the company’s growth and development across the Midwestern US, managing all acquisitions, dispositions and developments in the region.“I am excited to join the Dermody Properties team,” says Dolan. “Dermody Properties is known for its excellence in this industry, and I am very happy to be a part of the company’s continued growth throughout the Midwest.”Dolan has 17 years of industrial real estate experience in the greater Chicago and Midwest markets, with an emphasis in development, asset and portfolio management, acquisitions and leasing. Most recently, Dolan was senior vice president, leasing/asset management atML Realty Partnerswhere he handled the management, budgeting, capital improvement and client relations for portfolio of more than 100 buildings. He also served as the vice president, analysis/leasing and marketing atPrologis.“We are confident that Mike’s level of experience and the leadership he has demonstrated throughout his career will further the company’s growth in the Midwest region,” saysDoug A. Kiersey, Jr., president of Dermody. Dermody has also hiredTimothy F. Walshas its chief acquisition officer. Walsh will manage the company’s acquisition and investment opportunities nationwide and also work out of the Chicago office.“The company’s impressive history as an investment manager, it’s network of regional offices staffed with veteran operators, and ready access to capital are the right ingredients for growth,” says Walsh. “I am looking forward to advancing the company’s investment goals across the country.”Walsh has 27 years of industrial real estate experience. Prior to joining Dermody, he was principal/core portfolio manager at Exeter Property Group. During the course of his career, he has been responsible for the acquisition of 30 million square feet of industrial real estate space with an aggregate value of more than $1.2 billion.“He has an excellent reputation in the market and a strong track record of success,” says Kiersey. “His decades of experience in acquisitions and fund management will be a great asset, and help ensure our continued success throughout the nation.”Dermody has also made a couple of significant personnel moves at its Reno headquarters. The company has promotedBecky Moodyto controller and the hiredJenna Sulprizioas its new corporate accounting manager. Becky MoodyMoody, a certified public accountant, has worked at Dermody for 14 years and has 30 years of accounting experience. As controller, she works closely with the company’s banking and joint venture partners. Moody handles financial statement review, investor reporting and tax filings for all of the company’s five national offices. Prior to joining Dermody in 2002, Moody held roles as an audit manager with Grant Thornton LLP , chief of internal audit with the State of Nevada and various accounting positions at the Reno Housing Authority . She is a past president of Soroptimist International of Truckee Meadows, a global volunteer organization that helps women and girls, and is very active in the organization. “In her 14 years with our financial team, Becky has time and again demonstrated her dedication and expertise,” saysDoug Lanning, chief financial officer of Dermody. “This promotion is in recognition of her invaluable contributions to the success of Dermody Properties and the customers we are proud to serve.”Sulprizio has responsibility for financial statement preparation, investor reporting, tax compliance and loan administration. She will work closely with both Moody and Lanning. Sulprizio is a certified public accountant with 10 years of experience in public and private accounting.Prior to joining Dermody, Sulprizio was the chief financial officer atGreat Basin Institute. In this role, she managed more than 150 active cooperative agreements with federal, state, local and private partners totaling more than $25 million. Sulprizio has also held roles as external controller atThe CFO Group Inc.and senior accountant atSolari and Sturmer, LLCwhere she worked in both auditing and tax return preparation.“We are pleased that Jenna has joined our team at Dermody Properties,” says Lanning. “We are confident that her expertise and experience will be valuable assets to our financial team and our existing and future ventures.”
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