Sealy & Company Acquires Trade Street Distribution Center Occupied By Global E-Commerce Retailer
Dallas, TX (PRWEB) March 10, 2015 -- Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announced the acquisition of a 380,000 sf warehouse/distribution facility situated on more than 18 acres in Lexington, Kentucky. This transaction fortifies and reinforces the investment strategy of the company’s investment offering, Sealy Strategic Equity Partners (SSEP), and is the first investment in the Lexington market.
The facility, Trade Street Distribution Center, serves as the primary return center for a preeminent leader in e-commerce whose commitment to being customer-centric stands above all others. The institutional quality asset features significant upgrades and state-of-the-art equipment for the crucial role this facility plays in the tenant's supply chain and merchandise handling processes.
This region has strategic advantages such as ease of access to approximately half of the US population and an abundance of skilled labor. The dynamic business environment and recent regional commitment to economic advancement have helped and will continue to drive industrial successes in this market.
“The strategic addition of this investment, which is both high quality and stabilized, enhances the diversification of the growing SSEP portfolio and demonstrates our commitment to our Portfolio By Design strategy,” stated Scott Sealy, Jr., Vice President and Business Development. “Sealy is pleased to enter the Lexington market through the acquisition of a quality asset occupied by a national credit tenant.”
For more news and information regarding Sealy & Company, please visit the company’s website at http://www.Sealynet.com.
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About Sealy & Company
Sealy & Company, a fully-integrated commercial real estate investment and operating company, is a recognized leader in acquiring, developing, and redeveloping regional distribution warehouse, industrial/flex, and other commercial properties. Sealy provides a full service platform for high-net-worth individuals and institutional investors through our development, management, and brokerage divisions. Sealy & Company has an exceptional team of over 100 employees, located in eight offices, with corporate offices in Dallas, TX and Shreveport, LA. and is the sponsor of SSEP, a private equity offering and diversified limited partnership, primarily comprised of industrial real estate assets.
Kayte H. Hollowell, Sealy & Company, http://www.sealynet.com, +1 (318) 698-3112, [email protected]
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