ATLANTA--(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 an 84,046 square foot warehouse and distribution facility in Atlanta, GA. The off-market transaction was made on behalf of Sealy Industrial Partners, L.P. (SIP) for an undisclosed amount.
The property, located at 5800 Tulane Drive SW, lies within a well-established business park in the Fulton Industrial/Southwest Atlanta submarket. The building is occupied by credit tenants with a strong history at the property and has desirable features such as 28’ clear heights, 13 dock-high doors, LED lighting, and ample parking for employees.
The property’s infill location and attractive investment basis initially attracted Sealy’s acquisitions team to the opportunity. Surrounded by C.K.S. Packaging, ABC Supply Co, Inc., and many other packaging and distributing companies, the property is positioned between Fulton Industrial Boulevard and Great SW Parkway.
“Sealy specializes in industrial distribution space located in infill locations, and 5800 Tulane Drive aligns well with our investment thesis. We are constantly seeking prospective investment opportunities, such as this property, to deliver on our strategy of portfolio by design. We are pleased to have executed another successful acquisition in Atlanta,” says Sealy & Company’s Chief Investment Officer, Scott Sealy, Jr.
The transaction was negotiated directly between Sealy & Company and Hight Property Group.
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. and is the sponsor of Sealy Industrial Partners, L.P. (SIP).