Fortis Security Products – 21st Acquisition
Total Square Footage: 69,000
Acquired: April 18, 2018
Tenant Name: Fortis Security Products, LLC
Royal Oak Realty Trust has acquired the headquarters and sole manufacturing facility of Fortis Security Products, LLC (Fortis) in Greendale, IN, in a sale leaseback transaction. Greendale is a part of the Greater Cincinnati area and is located 15 miles from the Cincinnati/Northern Kentucky Airport. The property is conveniently located near I-275, I-74, I-75 and I-71, providing a strong regional location ideal for industrial manufacturing and distribution.
Fortis was founded in 2004 in Northern Kentucky near the company’s current location. Their product offering includes vaults, safe deposit boxes & lockers, teller kiosks, pneumatic systems, and other drive-up security products used in both new construction and remodels of existing bank branches. Fortis primarily sells its products through a network of dealers across the United States, with significant concentration of its customer base in the Midwest and East Coast.