375,600 SF Distribution Center In Central Florida Changes Hands

Oct 15, 2019 No Comments by

Stan Johnson Co. has negotiated the sale of a 375,600-square-foot distribution center in Ocala.

Custom Window Systems fully occupies the building, using it for company headquarters, manufacturing and distribution. Custom Window Systems has 15 years left on a triple-net lease. The company has occupied the building since it was constructed in 2006. In 2017, the facility was expanded by 150,000 square feet.

Sky Management Services acquired the building for an undisclosed price.

The property was listed for more than $28 million. Mollie Alteri, Joey Odom, Mike Sladich, and Maggie Holmes of Stan Johnson Co. represented the seller, a New York City-based institutional investor.

 

Source:  RE Business

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