{"id":820091,"date":"2022-09-14T19:11:15","date_gmt":"2022-09-14T17:11:15","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/sealy-company-increases-detroit-market-holdings-to-just-under-2-million-square-feet-with-latest-acquisition\/"},"modified":"2022-09-14T19:11:15","modified_gmt":"2022-09-14T17:11:15","slug":"sealy-company-increases-detroit-market-holdings-to-just-under-2-million-square-feet-with-latest-acquisition","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/sealy-company-increases-detroit-market-holdings-to-just-under-2-million-square-feet-with-latest-acquisition\/","title":{"rendered":"Sealy &amp; Company Increases Detroit Market Holdings To Just Under 2 Million Square Feet With Latest Acquisition"},"content":{"rendered":"<p class=\"bwalignc\">\nThe newly delivered distribution center marks Sealy &amp; Company\u2019s second acquisition in the Detroit market in 2022\n<\/p>\n<p>DALLAS&#8211;(BUSINESS WIRE)&#8211;<a href=\"https:\/\/twitter.com\/hashtag\/Acquisitions?src=hash\" target=\"_blank\">#Acquisitions<\/a>&#8211;Sealy &amp; 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 713,796-square-foot Class A distribution facility. Located at 2100 S. Opdyke Road in Pontiac, this closing marks Sealy&#8217;s second acquisition in the Detroit region this year, bringing the firm&#8217;s total square footage in the Detroit MSA to nearly 2 million square feet, and showing the firm&#8217;s continued commitment to this thriving market. The property was built and sold by Flint Development out of Kansas City.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20220913005966\/en\/1570208\/5\/Sealy_-_Oakland_Industrial_Center_-_Detroit.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20220913005966\/en\/1570204\/5\/SEALY-Logo_%28LIGHT_BACKGROUND%29-Color-Large.jpg\"><\/a><\/p>\n<p>\nThe property was delivered in 2022 and features state-of-the-art construction and features ESFR fire protection, LED lighting, 36&#8242; clear heights, a cross-dock configuration, 153 dock doors, 4-grade level doors, and build-to-suit office finish. The warehouse\/distribution property is fully leased to a Fortune 25 Domestic Corporation and has been identified as a mission-critical facility for future operations.\n<\/p>\n<p>\nDetroit\u2019s long history in the vehicle production industry has resulted in a vast network of automotive-related suppliers and parts manufacturers that occupy a significant portion of Pontiac\u2019s industrial inventory. Located in Detroit\u2019s largest industrial submarket, the asset is at the epicenter of automotive manufacturing and benefits from excellent access to I-75. Rent growth in the submarket has been trending about 55 basis points above the average for the MSA, and there is currently no leasable availability for Class A space over 250,000 square feet, according to CoStar.\n<\/p>\n<p>\n\u201cWith over 50% of our acquisitions this year being off-market transactions, we are exceedingly appreciative of the relationships we have cultivated in the industry. We have seen robust growth in the region, and our latest acquisition fits our proven investment strategy. Our partners are a key factor in Sealy being recognized as one of the country&#8217;s most active buyers of industrial real estate, which is a trend we hope to continue,\u201d says Scott Sealy Jr, Chief Investment Officer &#8211; Sealy &amp; Company.\n<\/p>\n<p>\nJason Gandy, Managing Director \u2013 Investment Services, and Davis Gibbs, Director \u2013 Investment Services, led the transaction for Sealy &amp; Company. John Hassler of Newmark represented the seller.\n<\/p>\n<p>\nFor more news and information regarding Sealy &amp; Company, please visit the company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.Sealynet.com%2F&amp;esheet=52891080&amp;newsitemid=20220913005966&amp;lan=en-US&amp;anchor=www.Sealynet.com&amp;index=1&amp;md5=4be2924c392e3a7d960944f9fbb89435\">www.Sealynet.com<\/a>.\n<\/p>\n<p>\nSealy &amp; Company\n<\/p>\n<p>\nSealy &amp; 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. Sealy provides a full-service platform for high-net-worth individuals and institutional investors through our development, management, and brokerage divisions. Sealy &amp; Company has an exceptional team of over 100 employees, with corporate offices in Dallas, TX and Shreveport, LA.\n<\/p>\n<p>Contacts <\/p>\n<p>\nKayte H. Hollowell, Vice President \u2013 Marketing &amp; Communications<br \/>Sealy &amp; Company<br \/>\n<br \/>318.698.3112 | <a target=\"_blank\" href=\"&#x6d;&#97;i&#x6c;&#116;&#111;&#x3a;&#x4b;&#97;y&#x74;&#101;H&#x40;&#x53;&#101;a&#x6c;&#121;n&#x65;&#x74;&#46;c&#x6f;&#109;\">&#75;&#97;&#x79;&#x74;&#101;&#72;&#x40;&#x53;&#101;&#97;&#x6c;&#x79;&#110;&#101;&#x74;&#x2e;&#99;&#111;&#x6d;<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The newly delivered distribution center marks Sealy &amp; Company\u2019s second acquisition in the Detroit market in 2022 DALLAS&#8211;(BUSINESS WIRE)&#8211;#Acquisitions&#8211;Sealy &amp; 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 713,796-square-foot Class A distribution facility. Located at 2100 S. Opdyke Road [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-820091","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sealy &amp; Company Increases Detroit Market Holdings To Just Under 2 Million Square Feet With Latest Acquisition - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/sealy-company-increases-detroit-market-holdings-to-just-under-2-million-square-feet-with-latest-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sealy &amp; Company Increases Detroit Market Holdings To Just Under 2 Million Square Feet With Latest Acquisition - BeBeez\" \/>\n<meta property=\"og:description\" content=\"The newly delivered distribution center marks Sealy &amp; Company\u2019s second acquisition in the Detroit market in 2022 DALLAS&#8211;(BUSINESS WIRE)&#8211;#Acquisitions&#8211;Sealy &amp; 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 713,796-square-foot Class A distribution facility. 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