High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Midwest  + Industrial  | 

SkyREM Acquires 1.4M SF of Midwest Industrial Space

SkyREM is accelerating its growth with the acquisition of 1.4 million square feet of industrial real estate across three strategic Midwest locations.

The off-market acquisitions total nearly $100 million in value. The transactions include a state-of-the-art 565,560-square-foot e-commerce logistics facility in Indiana, a mission-critical 548,465-square-foot 3PL distribution center at Logistics Park Kansas City, and a fully leased 246,637-square-foot manufacturing headquarters in Wisconsin. All properties are 100% occupied under long-term leases to tenants.

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. “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,” said Marc Civitillo, Managing Director at SkyREM.

Connect

Inside The Story

SkyREM

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.