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 newly constructed 191,845 square foot Class A industrial distribution center in Oklahoma City’s industrial hub.  The off-market transaction was made for an undisclosed amount.

The fully leased, state-of-the-art facility is located at the corner of Purdue Avenue and S.W. 36th Street.  Located less than 1/2 mile north of Hwy 152, and approximately 2 miles from I-40 and I-44, the facility provides tenants convenient access to all of Oklahoma City’s major interstates.  The property offers tenants superb building features and cross-dock functionality, a rare amenity for buildings of this size in the market.

“Sealy’s history in the OKC market has produced deep relationships and market knowledge which were contributing factors to the transaction’s success.  Knowing the limited pool of competing products in the overall OKC market and the development constraints in the Southwest submarket, we believe this acquisition was a strategic addition to our growing portfolio,” says Scott P. Sealy, Jr, Sealy & Company’s Chief Investment Officer.  ­­

Mr. Sealy, Jason Gandy, Managing Director – Investment Services, and Derrick Jones, Regional Director, were instrumental in completing the transaction for Sealy & Company.