
Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces its acquisition of a 601,829 square foot Class A bulk distribution facility at 22101 West 167th Street @ Lone Elm.
The fully-leased distribution center, situated on 40 acres in Kansas City suburb, Olathe, is strategically located in the South Johnson County industrial submarket with immediate access to Interstate 435, Highway 10, and Interstate 35. In addition to its thoroughfare access, the property boasts premier proximity to Logistics Park Kansas City Intermodal Facility, allowing expedited and cost-effective national rail shipping. The cross-dock distribution building features 32-foot clear height, 128 dock-high doors, above standard car parking and trailer storage, and low office finish.
The seller, Sun Life & Bentall Kennedy, represented by HFF and Kessinger Hunter & Company, sold the property for an undisclosed amount. The Sealy transaction was made possible by the cooperation of HFF’s advisory team and Sealy’s Investment Services team, led by Scott P. Sealy Jr., Jason Gandy, and Tom Herter.
For more news and information regarding Sealy & Company, please visit the company’s website at www.Sealynet.com.
About Sealy & Company
Founded in 1946, Sealy & Company is a fourth-generation family-owned commercial real estate investment and operating company specializing in industrial and logistics properties. The firm acquires, develops, redevelops, manages and operates industrial real estate throughout the United States through a fully integrated platform that includes acquisitions, development, asset management, property management, construction management, and brokerage services. Sealy & Company currently manages more than $3 billion in assets and has completed over $8 billion in investment volume throughout its history.