Sealy & Company, a fully-integrated commercial real estate investment
and operating company and recognized leader in the industrial real
estate market, announces its acquisition of the 478,190 square foot
Class A Bulk Warehouse, Centerpoint #6. The transaction, made on behalf
of Sealy Strategic Equity Partners, L.P. (SSEP), expands Sealy’s
footprint in Rickenbacker, the most robust bulk distribution/warehouse
market in Columbus.
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Centerpoint 6 Acquired by Sealy & Company (Photo: Business Wire)
This property is located in the Centerpoint Business Park, a four
million square foot master planned industrial park, which is minutes
from I-270 providing excellent access to I-70, I-71, and other major
thoroughfares within the Columbus metro area. Columbus has consistently
attracted investors and tenants due to its growing workforce, low
warehouse costs, and distribution infrastructure. For Sealy, the healthy
market fundamentals combined with the value-add nature of the investment
solidified the decision to expand in this strategic location.
Currently, the building is 53% occupied by rising startup, Le Tote.
Other tenants in the park include Pier One, Nautilus, and Avnet.
“This off-market acquisition was ideal for SSEP,” says Sealy’s Chief
Investment Officer, Scott Sealy, Jr. “The ability to expand our
portfolio with a quality property in an industrial market and location
as strong as Rickenbacker is a great opportunity, and we appreciate the
diligence of all involved in its execution.”
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. In addition to this
joint venture, Sealy & Company is the sponsor of SSEP.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180712005699/en/