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 a 128,877 square foot industrial production and warehouse facility in Dallas, TX in the South Stemmons Submarket. The transaction was made for an undisclosed amount.

Located at 2465 Joe Field Road in the Walnut Hill Business Park within the fourth largest metro area in the nation, this industrial property is fully leased to Luxottica, the largest eyewear company in the world. This tenant manufactures and distributes Ray-Ban, Oakley, and many other licensed and retail brands, and the property’s premier infill location near the intersection of I-35 and I-635 is ideal for the company’s national distribution. The building features over 61,000 square feet of warehouse space, nearly 50,000 square feet of production space, and 19,000+ square feet of office space.

“The functionality of this property is unique, and the centralized location offers the tenant access to a skilled workforce to execute their business model. We’re excited to begin a relationship with such a credible and tenured tenant in a market in which we’ve experienced immense growth and aligns well with our portfolio’s strategy,” says Sealy & Company’s Chief Investment Officer, Scott Sealy, Jr.

Sealy’s acquisitions team, led by Jason Gandy and Scott Sealy Jr., worked closely with Tom Pearson of Colliers International to acquire the property.