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