Sealy & Co. Nabs 1.5 MSF Industrial Portfolio in DallasBy
Scott Sealy Jr., Sealy & Co.
Dallas—Sealy & Co. has acquired an 18-building portfolio consisting of 1.48 million square feet of functional industrial space located in four prime industrial submarkets of Dallas. The assets were acquired as part of the Sealy Strategic Equity Partners LP portfolio.
“The industrial portfolio acquisition is a fitting addition to the current SSEP portfolio, providing functional properties and further tenant diversification,” Scott Sealy Jr., Sealy & Co.’s vice president of business development, said in a prepared release. “Sealy will continue to create value by executing a tailored investment strategy, rolling below market rents to market, and will hold or sell the properties opportunistically.”…
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