A Deep Dive into Industrial Real Estate (Part I)

This week I had the honor of being joined by Douglas Kiersey, CEO & President of Dermody Properties.
We had a fascinating chat about the industrial real estate market and Doug shared many great insights that he's gained from purchasing and developing over $8B worth of warehouses and distribution centers.
About:
Douglas A. Kiersey, Jr., is CEO and President of Dermody Properties and oversees all of the company’s operations and strategic initiatives including capital formation, acquisition, development, and investment management activities. He is a member of the Dermody Properties Advisory Board and chairs the company’s Executive and Investment Committees. Since Mr. Kiersey joined the company in 2011, Dermody Properties has developed and acquired industrial logistics assets with an aggregate value in excess of $8 billion.
Mr. Kiersey has more than 35 years of experience in logistics properties in major U.S. markets. Prior to joining Dermody Properties, he spent 17 years at Prologis in various senior roles. Prior to joining Prologis, Mr. Kiersey worked at Cushman & Wakefield for 11 years.
Mr. Kiersey earned his Bachelor of Science degree in business administration from Oregon State University, and an M.B.A. from the J.L. Kellogg Graduate School of Management at Northwestern University where he is an occasional guest lecturer and a member of the Kellogg Real Estate Advisory Council. He is also a member of the Urban Land Institute (ULI) and the Society of Industrial and Office Realtors (SIOR).
Dermody Properties website: dermody.com/
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🙋‍♂️ Chad Griffiths, MBA, SIOR
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[@industrialize]

Doug had so many great insights we had to add a second episode! Part II coming next Friday

[@lukelozano7467]

As someone who’s just starting in Industrial, this was extremely enlightening, cool, and interesting. Would love this to be on Spotify!

[@industrialize]

Welcome to the industry Luke!
We try to get most of these onto Spotify, Apple, etc. If you search The Industrial Real Estate Podcast you should be able to find them.
Part II of this one is coming today as well

[@austinvanderstappen]

Another fantastic episode, Chad! Great work. Look forward to part 2.

[@industrialize]

Much appreciated Austin! Part 2 is crazy insightful too!

[@crazybuildingsCRE]

A great episode, thanks for sharing!

[@industrialize]

Thanks Bjarne!

[@RonaldRohdeLaw]

Thanks for the insights. I’m more bullish on infill now!

[@industrialize]

Me too!

[@JoeKillinger]

great video guys

[@industrialize]

Thank you Joe!

[@warehouseinvestor5036]

this is exceptional ... great guest great interview

[@industrialize]

Completely agree! Stay tuned for part II next week!

[@tcs9998]

Amazing interview. Thank you 🙏

[@industrialize]

Much appreciated 🙏 hoping to have him back on again late fall!

[@houmanghasemian3580]

Not sure if I can wait until next Friday.. this to me is like a Netflix special!

[@industrialize]

The next episode is fantastic, thanks for the comments Houman!