{"id":479350,"date":"2021-04-21T07:03:47","date_gmt":"2021-04-21T11:03:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sealy-purchases-off-market-class-a-warehouse-in-kansas-city\/"},"modified":"2021-04-21T07:03:47","modified_gmt":"2021-04-21T11:03:47","slug":"sealy-purchases-off-market-class-a-warehouse-in-kansas-city","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sealy-purchases-off-market-class-a-warehouse-in-kansas-city\/","title":{"rendered":"Sealy Purchases Off-Market Class A Warehouse in Kansas City"},"content":{"rendered":"
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Dallas, TX, April 21, 2021 (GLOBE NEWSWIRE) — Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of a distribution warehouse totaling 210,504 SF in Kansas City, Missouri. The off-market transaction was made for an undisclosed amount.<\/p>\n

Marking the second transaction for the company in one week, the acquisition of Lone Elm Commerce Center brings Sealy & Company\u2019s holdings in the Kansas City market to over 1.3 million square feet. Rounding out the firm\u2019s top markets by volume at number five, this top-tier market is attractive for numerous reasons including its centralized location, significant highway and railway infrastructure, and affordable cost of labor.<\/p>\n

The newly acquired Class A distribution center features specifications targeting the under-served user pool in need of space within 50,000 \u2013 100,000 square feet. With the opportunity and flexibility to demise the large warehouse into multiple spaces, Sealy may better serve a variety of potential users to accompany its existing tenants within the property.<\/p>\n

Situated on twelve acres, the modern building features expansive parking, loading docks, vast paved outdoor storage, and a high-efficiency rooftop. These amenities, along with the aesthetically enhanced office storefront and surrounding windows, attracted Sealy to this contemporary asset.<\/p>\n

\u201cThe Johnson Country submarket in which this property is located is known for its high-quality concentration of newer industrial inventory along the I-35 corridor, and this property is no exception. This property was built in 2018, and its modern specifications are ideal for current and new tenants. This is a great addition to our portfolio,\u201d says Jason Gandy, Managing Director of Investment Services for Sealy & Company.<\/p>\n

Sealy & Company purchased the property from Heise-Meyer, LLC with the help of brokers Mark Long and John Hassler of Newmark. <\/p>\n

For more news and information regarding Sealy & Company, please visit the company\u2019s website at www.Sealynet.com.<\/a><\/p>\n

\u00a0About Sealy & Company<\/u><\/strong><\/p>\n

Sealy & Company, a fully-integrated commercial real estate investment and operating company, is a recognized leader in acquiring, developing, and redeveloping regional distribution warehouses, industrial\/flex, and other commercial properties.\u00a0 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 five offices, with corporate offices in Dallas, TX and Shreveport, \u00adLA.\u00a0<\/p>\n

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