DALLAS--(BUSINESS WIRE)--Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the disposition of 2.35 acres located at the corner of Headquarters Drive and Spring Creek Parkway in Plano. The 2.35 acre sale represents the last parcel sale of a total land purchase of 82 acres by Sealy in 2007.
Over the last few years Sealy has disposed of strategic tranches of the 82 acres, including most notably the sale of 28 acres to Nebraska Furniture Mart and the sale of 27 acres to Toyota Corporate for the relocation of their headquarters from California. The relocation will be one of the largest corporate moves ever to North Texas. Sealy also sold a 15 acre site for a car dealership.
Toyota, FedEx Office and Liberty Mutual, have zeroed in on the neighboring Legacy West project, a 240-acre mixed-use development, for corporate relocations. The planned concentration of new shops and apartments in Legacy West was a draw for the companies; it is intended to serve the growing corporate base that's developing on the west side of the toll road.
“Plano continues to attract significant consideration from companies looking for a great community for their employees and their family,” stated Michael P. Sealy, Vice President Equity Capital for Sealy & Company. “Sealy is pleased with the results we have achieved from the strategic land purchase in 2007 and look forward to the continued success of North Texas.”
For more news and information regarding Sealy & Company, please visit the company’s website at www.Sealynet.com.
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. Sealy & Company is the sponsor of SSEP, a private equity offering and diversified limited partnership, primarily comprised of industrial real estate assets.