Sealy & Company Adds 600,000 SF of Best-In-Market Industrial Assets in Detroit with Acquisition of AeroPlex One & Two

The assets are located in one of Detroit's tightest submarkets and are 100% leased.

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 AeroPlex One & Two, a 600,000 square foot industrial complex comprised of two Class A logistics buildings, located in one of the most competitive industrial submarkets of Detroit, Michigan. The transaction was made for an undisclosed amount.

The AeroPlex One & Two portfolio includes best-in-market assets with attractive building features, including 30' clear heights, large truck courts, cross-dock configuration, ample truck and automobile parking with exterior truck docks, and multiple points of ingress and egress. With suite sizes ranging from 30,000 SF to 195,000 SF, the buildings can accommodate a wide variety of tenant requirements. AeroPlex One & Two are strategically located adjacent to the Detroit Metropolitan Wayne County Airport and only 1.7 miles South of I-94 and minutes to I-75, the North-South highway. The portfolio is also located in proximity to four Class A rail lines and the Willow Run Airport, one of the nation's largest airports for landed air freight flown by exclusively cargo aircraft.

"Q2 2022 has shaped up to be very active for Sealy & Company. We entered the Detroit market in Q2 2021 and are pleased to add these two buildings to our current holdings in the market. We will continue to seek out assets in our target markets that align with our proven investment strategy," says Jason Gandy, Sealy & Company's Managing Director— Investment Services.

Davis Gibbs, Director – Investment Services, and Mr. Gandy led the transaction for Sealy & Company. Adam Tyler of Cushman & Wakefield represented the seller.

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 warehouses, 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.