New York, NY June 18, 2019 – Sky Management Services, LLC has announced the recent acquisition of a 375,600 square-foot single-tenant mission-critical industrial manufacturing, distribution, and headquarters facility located in Ocala, Florida. The Property is leased, on a long-term basis, to Custom Window Systems, Inc. (“CWS”) a leading designer and manufacturer of impact-resistant and non-impact windows, doors, and porch enclosures, serving customers in Florida and across the Southeastern U.S. in both commercial and residential use.
The Property, a 2007 build-to-suit for the Tenant, was expanded and completely modernized in 2018. Situated on 31.83 acres, the property is strategically located with access to the Florida Turnpike, Highway 40, U.S. Routes 441, 301, and 27, and is within one mile of major north-south Interstate 75.
“We are pleased to complete the acquisition of the CWS building. This is the first of what we hope will be many investments in the Florida market” said Mr. Dembitzer, Founder of Sky Management (https://www.dembitzer.com/alex-dembitzer). “We love the location of this building and are looking forward to a long-term relationship with Custom Window Systems, Inc. This is an excellent addition to our portfolio.”
Sky Management is actively acquiring and developing large industrial, manufacturing, and distribution properties in the United States.
“The purchase of the building in Ocala suited our strategic acquisition plan perfectly,” said Marc J. Civitillo, Managing Director for Acquisitions at Sky Management. “We are dedicated to identifying well located, mission critical industrial facilities in key markets across the nation.”
For more information, contact Marc Civitillo at marc@skyrem.com.
About Sky Management LLC
Sky Management Services, with offices in Philadelphia and in New York City, is a privately funded and managed real estate company which owns and operates a large, diversified portfolio of properties in the United States. As a principal for its own account, Sky is actively investing in commercial real estate throughout the United States. To learn more and speak to the acquisitions team please contact Marc Civitillo or Erich Schwer at 212-888-6920 or visit www.skyrem.com.
