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No gamble with Dermody in Reno

Published Friday, September 01, 2000

Reno, Nev.-based Dermody Properties has leased 420,000 sq. ft. to locally based apparel manufacturer SanMar at Dermody's Patrick Business Park. SanMar previously had occupied 55,000 sq. ft. in a Dermody owned building in Sparks, Nev. Not so down in Silicon Valley Back in the days when Hearst's yellow press ruled the San Francisco Bay area, someone like me might trumpet: "Industrial vacancy rates in Silicon Valley twice office rates!" Though it is true, office vacancy rates are 1%, and industrial vacancy rates are 2%. The market is such that what is generally referred to as industrial product and ...

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