Sealy & Co. Expands Kansas City-Area Industrial Footprint
Sealy & Co. Expands Kansas City-Area Industrial Footprint
Making its second acquisition in less than a week, the investor bought a distribution facility in Olathe, Kan.
Apr222021
Image courtesy of Sealy & Co.
Sealy & Co. has grown its presence in metropolitan Kansas City with the acquisition of Lone Elm Commerce Center, an approximately 210,500-square-foot industrial facility in Olathe, Kan. A leader in the industrial real estate market, Sealy acquired the Class A distribution warehouse from its developer, Heise-Meyer LLC.
Sealy relied on the assistance of Mark Long and John Hassler of Newmark for representation in the transaction, which was an off-market deal in the increasingly competitive Kansas City investment-sales environment. “Our relationships in the market and our surety of closing are key advantages in competitive markets like we are in today,” Jason Gandy, managing director, investment services, with Sealy & Co., told