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 Carter Distribution Center, a 615,005 SF Class A bulk warehouse facility situated on more than 27 acres located at 6601 Oak Grove Road, Fort Worth, Texas.
Carter Distribution Center was designed using the latest, state-of-the-art standards and features found in Class A warehouse buildings. The Property was built in 2008 and features 32’ clear height, 190’ truck court with 89 trailer parking spaces, 52’ x 50’ column spacing with 60’ staging bays, ESFR sprinkler system, 40.3% HVAC finish and 1.2% office finish. In addition, the Property is rail served on the north side of the property by the Union Pacific Rail line via the Fort Worth Western Rail Road.
The asset is situated in the master-planned Carter Distribution Center and is located in one of the strongest industrial markets in Dallas/Fort Worth. Strategically located near the intersection of I-35W and I-20, Carter offers an excellent location for distribution because it is less congested compared to other major intersections, providing ease of access to all areas of the DFW region and beyond.
“This was an opportunity to acquire a Class A distribution center on an off-market basis in a highly competitive market with the ability to create value because of near term rollover. The building offers all the modern amenities that today’s distribution users expect, ” stated Scott Sealy, Jr., Vice President Business Development. “Carter Distribution Center complements SSEP’s portfolio because of its tenant size, quality, and age which illustrate our Portfolio By Design strategy.”
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.