Latest News
Sealy Acquires Kansas City Warehouse Distribution Property
Tuesday 22 October 2019

22 October 2019 - Texas and Louisiana, US-based real estate investment firm Sealy and Company has acquired a warehouse distribution centre in Kansas, US in an off-market transaction made on behalf of Sealy Industrial Partners, L.P., the company said.
The acquisition of 513,751 square foot property was made for an undisclosed amount.
The warehouse distribution centre was recently leased to major tenant, Overstock.com, Inc.
Sealy said it continues to invest in infill properties at a discount to replacement cost. Last-mile fulfillment centres like this property are the backbone of modern supply chains and are a favorable asset class.
Sealy and company, a fully-integrated commercial real estate investment, and operating company, is a recognised leader in acquiring, developing, and redeveloping regional distribution warehouse, industrial/flex, and other commercial properties.
Details
Date Published: 22/10/2019
Target: Warehouse distribution centre in Kansas, US
Country: USA
Sector: Construction/Real Estate
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: Sealy and Company
Comment:
Terms of the deal were not disclosed

Options