FOR IMMEDIATE RELEASE
New York, NY, (May 21, 2024) – Sky 880, LLC, the owner of 880 Technology Drive is pleased to announce the lease renewal with FedEx at its 183,000 square foot industrial property in Fayetteville, NC. The property is 100% leased to FedEx Ground Package System, Inc. and another credit tenant.
Built in 1997, with extensive renovations completed in 2020, the cross-docked property features 25’ clear heights, attractive concrete tilt-up construction, and possesses institutional quality features throughout, such as ESFR sprinklers, premium dock packages and full concrete truck courts with an abundant amount of trailer parking.
“We are thrilled to work with a tenant such as FedEx that offers great economic growth to the Greater Fayetteville region of North Carolina. We value the continuing and growing working relationship with the Tenant and look forward to maintaining a very successful working relationship,” said Alex Dembitzer, founder of SkyREM, LLC.
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About SkyREM, LLC
SkyREM, 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 acquiring throughout the United States. To learn more about SkyREM please contact Marc Civitillo or James Pancetti at 212-888-6920, or visit www.skyrem.com.
