Commercial and industrial real estate investment and operating firm Sealy & Company announced its acquisition Thursday of a newly constructed 191,845-square-foot industrial distribution center in Oklahoma City.
Acquisition of Kansas City’s Perimeter Park Commerce Center Asset Marks Early Success for Sealy & Company
January 18, 2021 07:26 ET | Source: Sealy & Company Sealy & Company SHREVEPORT, Louisiana, UNITED STATES
Dallas, TX, Jan. 18, 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 Class A distribution warehouse totaling 99,704 SF in Kansas City, Missouri. The transaction was made for an undisclosed amount.
Built in 2019, this newly constructed asset is the final to be developed in the Perimeter Park Commerce Complex, marking a unique opportunity for the company to acquire a property with significant barriers to entry and limited competition. With virtually no comparable Class A competition in the most desirable industrial submarket in Kansas City, Johnson County, this pr