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 acquisition of Sam Houston Business Park, a 262,631 SF Class A+++ Industrial Business Park. The Park’s strategic location in Northwest Houston offers solid real estate fundamentals, access to deep labor pools, educated and skilled work forces, outstanding transportation systems, a growing population and desirable quality of life. This acquisition was made on behalf of Sealy Strategic Equity Partners (SSEP).
Sam Houston Business Park’s physical features position the asset in the top tier of industrial buildings throughout the United States. The buildings feature variable height facades, attractive landscaping, office entries with excellent aesthetic appeal, and state-of-the-art specifications. The buildings sizes and configurations have been thoughtfully designed and capture a range of tenant demands within the market. Partly due to the characteristics, the Park is currently 100% leased and has a diverse pool of tenants both in and out of the oil and gas industry.
“Sam Houston Business Park represents the core of our Portfolio By Design strategy. The Park is a high-quality asset in a strategic location occupied by a diverse and credit-worthy tenant base,” stated Scott Sealy, Jr., Chief Investment Officer. “This property blends perfectly with our established and growing portfolio.”
The Park’s best-in-class location in the Northwest Houston submarket offers tenants frontage on the Sam Houston Toll Road and direct access to the greater Houston Metroplex through SH-249, U.S. 290, I-45 and I-10. The Northwest submarket is Houston’s most dynamic submarket featuring a strategic geographic location, exceptional transportation infrastructure, institutional ownership, high barriers-to-entry, and abundant access to skilled labor.
“The acquisition of this trophy asset exemplifies Sealy’s commitment to the Houston market,” stated Derrick Jones, Regional Director of Sealy & Company. “Sealy is active and committed to expanding our industrial footprint with the Houston market for the foreseeable future.”
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 seven offices, with corporate offices in Dallas, TX and Shreveport, LA and is the sponsor of SSEP.