DALLAS, TX – (March 21, 2025) – Sealy & Company, a leading commercial real estate investment and operating firm, is pleased to announce the acquisition of Inland Port IV, a premier Class-A warehouse and distribution center located at 18905 Kill Creek Road in Edgerton, Kansas in the Kansas City market. The property is fully leased and was acquired at a discount to replacement cost.
Built in 2014, Inland Port IV totals 575,154 square feet and features all Class A specifications required by regional or national distribution tenants and high-volume throughput users. It includes 111 dock doors, a 32’ clear height, a 185-foot truck court, and expandable trailer parking, which gives the building an over 1 dock-to-door-to-parking ratio. Other state-of-the-art features include an ESFR sprinkler system, T-5 light fixtures with motion sensors, 52′ x 50′ column spacing, tilt-up concrete construction, and a mechanically attached .60 mil TPO roof.
Inland Port IV is in Logistics Park Kansas City (LPKC), strategically situated adjacent to the BNSF Kansas City Intermodal Facility, a major transportation hub allowing tenants to save substantially. LPKC is considered one of the top logistics facilities in the United States. Notably, it is the only full-service facility in the western two-thirds of the country that offers a combination of domestic intermodal service, international intermodal service, and direct rail/carload service. The location provides unparalleled access to key markets, with 75 percent of the U.S. population reachable within a two-day drive, making it an ideal distribution hub for national operations.
The Kansas City industrial market remains one of the strongest in the country, with a vacancy rate of 5.5 percent as of the third quarter of 2024. While this represents a slight increase from the previous year, it remains 100 basis points below the national average. Developers in the region have slowed new construction due to higher borrowing costs, leading to a reduction in speculative projects.
“Inland Port IV represents a rare opportunity to acquire a high-quality distribution center with strong tenancy, a prime location, and market-leading specifications,” added Jason Gandy, Managing Director – Investment services for Sealy & Company. “This acquisition aligns with Sealy & Company’s strategic investment approach, which focuses on identifying Class-A value-add opportunities in key logistics markets at significant discounts to replacement costs.”
Newmark brokers Mark Long and John Hassler facilitated the transaction. Sealy & Company’s Investment Services team, led by Jason Gandy and Davis Gibbs, managed the acquisition process.
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 five offices, with corporate offices in Dallas, TX and Shreveport, LA.