The entire team at Sky Management would like to extend our warmest regards to you during this holiday season and wish you a happy and healthy holiday and a joyous New Year. As we close out 2018, Sky would like to thank everyone that helped make this year one of the most successful in company history. In 2018, Sky acquired over 2.0 million square feet of investment real estate in eight properties. We also saw the successful retention/renewals of many of our tenants as well as securing new tenant leases at our properties. We were also, during this year, pleased to support several causes, not-for-profit organizations and various community outreach programs. 

Special message from our CEO:

"During the holiday season, our thoughts turn gratefully to those who have made our success possible.Thank you for your continued support, partnership and those who helped shape our business. We look forward to working with you in the years to come and wish you all the best as you embark on 2019."

Warmest regards,

Alex Dembitzer
160 Corporate Court, Meriden, CT. The 265,000 sf, cross-docked building is the headquarters and main distribution center for sports and outdoor retailers Bob’s Stores and EMS (Eastern Mountain Sports) which are owned by Sports Direct, the largest sports retailer in the U.K. 

Acquisition of 550 Research Parkway, Meriden, CT. The 360,000 sf building is a mission-critical manufacturing facility for  Medline , the largest privately-held provider of medical supplies and solutions in the U.S., and is also a key warehouse facility for  Fosdick Fulfillment Corporation , a global logistics company.
Acquisition of 107 Tom Starling Road, Fayetteville, NC. The 1.0 million sf multi-tenanted warehouse and distribution facility is strategically located on the Interstate 95 corridor, in close proximity to the Raleigh-Durham metro area. The property serves as Ellery Homestyles mission-critical sole warehouse distribution and design facility.
Sky Management recently signed a 100,000 sf lease with Landair Logistics, Inc. at out Fayetteville Property. Landair, a division of Covenant Transportation Group, Inc. (NASDAQ: CVTI), is a leading dedicated and for-hire truckload carrier, as well as supplier of 3PL transportation, warehousing and logistics inventory management services. NKF's Turner and Belcher represented the tenant Landair.

Landair will occupy 11 percent of the building. Ellery Homestyles, a leading supplier of private label and home fashion products, is the building's 484,310 sf anchor tenant. Approximately 342,000 sf remains available for lease.

Data Recognition Corporation
Sky Allendale entered into a three year lease extension for over 16,000 sf with Data Recognition Corporation in Allendale Business Park. The three office/flex buildings total 156,699 sf in a recently renovated creative office/industrial location with immediate access to I-276, I-76 and Routes 202 and 422, in the western suburbs of Greater Philadelphia.

10th Annual Hot COCO
Sky Management, through the Northern Charitable Group, supported and sponsored Abilities without Boundaries’ (AWB) Annual Hot COCO 5k fundraiser. This year’s 10th year anniversary was a great turnout where families, friends, neighbors, and runners gathered to support the organization’s mission. AWB helps people achieve independence, self-sufficiency, community participation and personal satisfaction through employment and support services. We are very happy to partner with them on their important work. Congratulations to our friends at Abilities who do an incredible job not only every day but at putting the event together each year.
Sky Management Services supported the Airborne and Special Operations Museum (ASOM) located in Fayetteville, North Carolina as a “lifetime benefactor:” The ASOM is dedicated to honoring and preserving the heroic feats of the United States Army Airborne and Special Operations troops who have contributed so much to defend our nation’s interests. We are proud to support and contribute to their mission.

ILA Annual Fundraiser

Sky Management is happy to continuously support the work of Independent Living Association (ILA), tenant of ours for over 30 years, through Northern Charitable Foundation. ILA provides high-quality care to individuals with intellectual disabilities and we congratulate them on their vigorous work.
Storm Water Project

This year, our Quartermaster site in Philadelphia completed a storm water retention project which offers the maximum cost savings to the City, achieves the largest reduction of storm water runoff in the City of Philadelphia, and provides a tremendous environmental benefit. The overall project protects public health, safety, and enhances water quality for the city.

Sky Power LLC, an affiliate to Sky Management Services is excited to announce the award of four Renewable Energy Credits with the State of Connecticut. Sky Power will be developing 3.5 Megawatts of rooftop solar projects on four of Sky Management’s industrial buildings. This will contribute to Sky Power’s Connecticut solar portfolio and set the team on track for another productive year. If you have any questions or opportunities, please reach out to Erich Schwer.  
Tenant Recognition

Congratulations to the Pennsylvania State Police on their anniversary leasing our site at the Quartermaster, Philadelphia, Pennsylvania and Homeland Security on their anniversary in our Charlotte, North Carolina property. 
Follow us on LinkedIn for latest news and updates