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 five-building portfolio known as Stadium Industrial Park, a 275,440 square foot industrial park, in Kansas City, Missouri. The off-market transaction was made for an undisclosed amount.
Stadium Industrial Park includes five buildings located on Enterprise Drive and Stadium Drive near the intersection of Interstate 70 and Interstate 435 in Kansas City. The portfolio is 100% leased to a well-balanced, diverse tenant roster. The assets offer optimal functionality with an irreplaceable infill location. The deal marked Sealy’s seventh industrial acquisition in the Kansas City area since its initial transaction in the market in 2017 and the third deal in the market in the last 12 months.
“Kansas City has been a great market for Sealy & Company. The characteristics of the market and the assets we are acquiring align with our proven investment strategy. As one of the most active buyers of industrial real estate in the US, we hope to continue to uncover assets and opportunities to expand our footprint,” says Jason Gandy, Sealy & Company’s Managing Director— Investment Services.
Gandy, alongside fellow Sealy Investment Services Team member Davis Gibbs, Senior Investment Associate, led the transaction in conjunction with Mark Long and John Hassler of Newmark Zimmer. Mark Fountain of True North Realty represented the seller.
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.