/C O R R E C T I O N -- SkyREM/
In the news release, SkyREM Makes 1.4 Million SF Push, issued 09-Sep-2025 by SkyREM over PR Newswire, the headline should read "SkyREM Makes 1.4 Million SF Push Across the Midwest" rather than "SkyREM Makes 1.4 Million SF Push" as incorrectly transmitted by PR Newswire. The complete, corrected release follows:
SkyREM Makes 1.4 Million SF Push Across the MidwestNEW YORK, Sept. 9, 2025 /PRNewswire/ -- After two years of navigating high interest rate environments, SkyREM is accelerating its growth with the acquisition of 1.4 million square feet of industrial real estate across three strategic Midwest locations. These off-market acquisitions, totaling nearly $100 million in value, reflect SkyREM's renewed commitment to acquiring core-plus industrial assets with long-term growth potential and strong underlying tenancy.
The transactions, secured through proprietary relationships with brokers and developers, include a state-of-the-art 565,560 SF e-commerce logistics facility in Whitestown, IN; a mission-critical 548,465 SF 3PL distribution center at Logistics Park Kansas City; and a fully leased 246,637 SF manufacturing headquarters in Mukwonago, WI. All properties are 100% occupied under long-term leases to tenants that are deeply embedded in their operations and local communities.
"We are proud to be back on the offensive," said Jacob Dembitzer, Vice President of Business Development at SkyREM. "These acquisitions underscore our ability to identify and execute high-quality opportunities in key markets, even during challenging periods. We are selectively deploying capital into properties where we see clear runway for long-term value creation."
As part of its renewed growth strategy, SkyREM has secured two major acquisition lines of credit to accelerate future purchases, while also divesting from multiple legacy holdings. The firm's repositioned balance sheet and capital availability ensure it is well-positioned to act quickly in the current market and capitalize on off-market deals that align with its investment thesis.
Marc Civitillo, Managing Director at SkyREM, added: "Our acquisitions in Indianapolis, Kansas City, and Milwaukee represent the foundation of our strategic expansion. These markets offer powerful logistics and manufacturing advantages, highly functional real estate, and tenants aligned with long-term occupancy. We will continue to grow through similarly structured transactions."
SkyREM remains focused on building a high-performing portfolio of institutional-grade industrial assets across the country. The firm will continue to leverage its deep broker relationships and off-market sourcing capabilities to expand in core and emerging markets.
For more information on SkyREM and its properties, visit https://skyrem.com or follow us on LinkedIn.
For investment or development inquiries, please contact:
Jacob Dembitzer, James Pancetti, or Marc Civitillo
Contact info:
Jacob DembitzerJacob@skyrem.com
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SOURCE SkyREM