SkyREM Acquires a 565,560 SF, Newly Constructed Warehouse Facility in Whitestown, IN
Friday, July 25, 2025
NEW YORK, July 17, 2025 /PRNewswire/ -- SkyREM is pleased to announce the purchase of a newly constructed, 565,560 SF, state-of-the-art industrial facility located in Indianapolis, IN. The property is situated within 65 Commerce Park, a multi-phase industrial development in Whitestown focusing primarily on logistics and distribution users.
The location offers direct access to I-65 and proximity to the Indianapolis International Airport and CSX railroads. 65 Commerce boasts a well-developed infrastructure with nearby amenities, modern transportation networks, and direct access to a skilled workforce. Indianapolis is consistently ranked as a top ten industrial market in the U.S., particularly for growth, absorption, and construction levels.
The facility is fully automated with state-of-the-art robotics and is 100% leased on a long-term basis to a global e-commerce platform specializing in fashion. The cross-docked property features ESFR sprinklers, a 36-foot clear height, 54' by 55' column spacing and 55 dock doors.
"We are excited to announce this strategic new investment in the Midwest market. This is a great addition to our growing industrial portfolio, and we look forward to expanding our industrial portfolio with new buildings in top industrial markets" stated Jacob Dembitzer, Vice President of SkyREM.
Marc Civitillo, Managing Director at SkyREM added "This was an attractive opportunity to acquire a newly built, mission-critical property with an in-place, long-term leased tenant in the Indianapolis market. The acquisition demonstrates our ability to identify attractive investments in established distribution locations with strong underlying fundamentals.
SkyREM purchased the property, through a proprietary off-market relationship, from Strategic Capital Partners, a national real estate developer headquartered in Indianapolis, IN.
About SkyREM, LLC
SkyREM, with offices in New York City and Philadelphia, is a privately funded and managed real estate company that owns and operates a large, diversified portfolio of properties across the United States. As a principal for its own account, SkyREM is actively acquiring properties throughout the country. Known for its strategic investments in industrial, commercial, and residential real estate, SkyREM continues to grow its presence with a focus on value creation and long-term success. For more information on SkyREM, follow us on LinkedIn or at https://skyrem.com/.
For SkyREM Investment and Development, inquiries, please contact:
Acquisitions/Development: Jacob Dembitzer, James Pancetti
For more information on SkyREM and its properties, please visit https://skyrem.com/.
Contact info:
Jacob Dembitzer
Jacob@skyrem.com
Photo: https://mma.prnewswire.com/media/2733242/SkyREM.jpg
Logo: https://mma.prnewswire.com/media/2643045/SkyREM_Logo.jpg
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SOURCE SkyREM
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