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NEW ORLEANS, March 2, 2010 – Sealy & Company, Inc. announced today that MISSCO Corporation of Jackson d/b/a School Book Supply of Louisiana signed a lease at Sealy’s new 147,385 square foot Sealy Ashland Distribution Center in Gonzales, Louisiana and will occupy 52,620 square feet. MISSCO’s occupancy is scheduled for April of 2010.

Ben Johnson of NAI/Latter & Blum represented the tenant. Negotiations for Sealy & Company, Inc. were handled by Director of Marketing & Leasing Jennifer A. Lee, CCIM, SIOR, and Daniel P. Poulin, CCIM, SIOR, Senior Regional Director. “This brings our Class “A”, multi-tenant, tilt wall concrete warehouse facility to 86% occupancy”, remarked Poulin.

 

Shortages of good, high quality industrial buildings remain following Hurricane Katrina in the East Baton Rouge submarket – especially buildings with truck doors. The quantity of vacant and available land suitable for industrial and heavy commercial development continues to decline in East Baton Rouge Parish and demand is noticeably increasing in Ascension Parish. The logical growth for new office/warehouse construction and industrial development is outside of the East Baton Rouge Parish lines along the I-10 and I-12 corridors. “Projects like the Sealy Ashland Distribution Center are benefiting from the continued growth in Ascension Parish, even after the economic slowdown” said Poulin.

 

The School Book Supply Company of Louisiana has been serving as the publishers’ textbook depository for adopted materials in the State of Louisiana since 1976. In July 2000, School Book Supply Company of Louisiana became the official state-designated book depository in Louisiana. Their goal is to provide Louisiana schools with a central source for their educational needs at the lowest cost with the fastest service possible.

 

Sealy Development Services was formed to recognize and fulfill the construction needs of each Sealy development client. Through precise planning and constant refinement, Sealy is committed to maintaining project continuity from the beginning of the design phase to tenant move-in. The result is a project completed within your budget and time frame. Whether we’re building from the ground up or remodeling existing space, we have the resources and expertise to complete all projects through our management, consulting/estimating or general contracting services.

 

Sealy & Company is a recognized leader in acquiring, developing, redeveloping and managing regional distribution warehouse, flex, industrial and other property types located primarily in the southeastern, south-central and southwestern United States. Sealy & Company was founded in 1946 and has over 100 employees in eight offices throughout Texas, Louisiana, Georgia and Tennessee, and maintains its headquarters in Dallas and Shreveport, LA. 

 

For more information, please contact Daniel P. Poulin, CCIM, SIOR, Senior Regional Director, Sealy & Company, Inc., at (504) 463-5600 or at danp@sealynet.com.