DALLAS, TX – (March 24, 2025) – Sealy & Company, a leading commercial real estate investment and operating firm, is pleased to announce the acquisition of NorthPoint One, a premier Class-A industrial facility located at 20099 North East Street in Westfield, Indiana. This strategic acquisition underscores Sealy & Company’s commitment to expanding its industrial portfolio in key logistics markets nationwide.

NorthPoint One is a newly constructed, state-of-the-art distribution facility encompassing 182,000 square feet. Developed in 2022, the property features modern specifications designed to meet the evolving needs of industrial tenants, including 32-foot clear height, 36 dock-high doors, two drive-in doors, 105 auto parking spaces, and 62 trailer parking spaces. The facility also includes a secured, fenced, and lit outside storage yard, providing a competitive advantage in a supply-constrained market. The property is fully leased, demonstrating strong demand for high-quality industrial facilities in the region.

NorthPoint One is strategically positioned along U.S. Highway 31 in the Indianapolis North submarket, one of the fastest-growing industrial corridors in the Midwest. The Westfield location provides direct connectivity to major interstates, including I-65, I-69, I-70, and I-74, enabling efficient access to a substantial portion of the North American population. The site benefits from its proximity to Indianapolis International Airport, which houses the second-largest FedEx air hub in the world and has been recognized as one of the best airports in the United States for 12 consecutive years.

Indianapolis has emerged as a key industrial hub, attracting national and international corporations such as Abbott Laboratories, Bastian Solutions, and Browning Chapman. The area boasts a highly skilled and cost-effective labor force, supporting sustained industrial growth. Additionally, the region benefits from a high barrier to entry for new development, ensuring strong long-term demand for quality industrial assets like NorthPoint One

“The acquisition of NorthPoint One reinforces Sealy & Company’s presence in the Indianapolis industrial real estate market, a region known for its dynamic logistics infrastructure and growing demand for Class-A distribution facilities,” commented Scott P. Sealy, Jr, Chief Investment Officer for Sealy & Company. “This addition to Sealy’s portfolio further secures our foothold in a key market with strong economic fundamentals.”

Alex Cantu with Colliers facilitated the transaction on behalf of the owner, and Sealy & Company’s Investment Services team, led by Jason Gandy and Davis Gibbs, managed the acquisition process.

As Sealy & Company continues to target high-quality industrial assets in key logistics markets, NorthPoint One represents another step in successfully executing our long-term investment strategy. With an optimal location, best-in-class facility specifications, and strong tenancy, this acquisition further solidifies Sealy & Company’s reputation as a trusted leader in the industrial real estate sector.