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Dermody Promotes Tim Walsh to CIO
Walsh
Reno, NV-based Dermody Properties promoted Tim Walsh, a member of its senior leadership team, to Chief Investment Officer. He previously served as Chief Acquisition Officer at the company.
This enhanced role includes overseeing all origination activities, including acquisitions, development and build-to-suit projects. Walsh’s primary focus will be working with Dermody Properties’ national team of regional partners to identify and target the best value-add industrial investment opportunities available for Dermody Properties Industrial Fund II, LP (DPIF II), the company’s fully discretionary investment fund.
He will guide portfolio construction decisions, influence asset management choices, and ultimately make recommendations on the timing of dispositions. His additional duties include overseeing and promoting consistency in the company’s due diligence and closing processes. Walsh has been a member of the Executive and Investment Committees at Dermody Properties since 2016.
Walsh says, “I look forward to working with the team to build on the excellent results we have generated for our investors in the past, as we work to successfully deploy DPIF II.”
*Pictured Phase 2 of LogistiCenter at 395 in Reno’s North Valleys
For comments, questions or concerns, please contact Dennis Kaiser
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