"This platform delivers an in-house set of investment services covering the complete life-cycle of our investments and we see that as quality assurance." Scott P. Sealy, Sr., Chairman of the Board, Sealy & Company
Dallas, Texas (PRWEB) November 27, 2012
Sealy & Company, LLC (“Sealy”), a fully integrated commercial real estate investment and operating firm, reports that it has completed an initial closing of Sealy Strategic Equity Partners, LP (“SSEP”), a private placement offering. A total of 195,114 Class A and Preferred Equity Units were issued in conjunction with the consolidation of seventeen entities into one single diversified entity with a gross market value of approximately $130 million. Sealy believes that it will be optimal to grow SSEP’s portfolio to an aggregate value of $300-$500 million. Sealy is the Sponsor of SSEP and has an ownership interest through related entities.
Scott P. Sealy, Chairman of Sealy & Company, comments: “SSEP’s mission is value-investing focused on stable, growing cash flow and equity appreciation through a diversified industrial real estate portfolio. An important driver of Sealy’s success over its 66 year history has been the strength of its investment and operational platform. This platform delivers an in-house set of investment services covering the complete life-cycle of our investments and we see that as quality assurance. These factors, plus the revenue and expense benefits built into the structure of SSEP, are expected to mitigate risk and generate attractive returns for investors.”
It is expected SSEP will make additional investments, primarily in industrial properties but occasionally may invest in office and retail properties, that share certain opportunistic and value appreciation characteristics. New investments are being sought in strategic markets throughout the southeastern, south-central and southwestern United States. Such investments may be purchased outright or assimilated into SSEP through an exchange of seller’s equity for limited partnership units. For further information contact: Sealy & Company, Michael P. Sealy; Tel: 214.239.5105; MichaelS(at)Sealynet(dot)com; http://www.sealynet.com
About Sealy & Company
Sealy & Company is a fully-integrated commercial real estate investment and operating company. Sealy is a recognized leader in acquiring, developing, and redeveloping regional distribution warehouse, industrial/flex, and other industrial properties located primarily in the southeastern, south-central, and southwestern United States. Sealy has in-house capabilities that include investment, development, asset management, property management, marketing, leasing, and brokerage services. Sealy & Company has an exceptional team of approximately 100 employees, located in eight offices, with corporate offices in Dallas, TX and Shreveport, LA. Website: http://www.sealynet.com