sealy acquires office portfolio

The three single-story office buildings are surrounded by strong demographics and offer high visibility for current and future tenants.

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 Johns Creek Value & Income Portfolio, a 277,201 SF single-story office portfolio. The Portfolio is at the heart of the affluent and award-winning master-planned community of Johns Creek in metro Atlanta’s North Fulton submarket.

The Johns Creek Portfolio is located at the prime intersection of McGinnis Ferry and Johns Creek Parkway, near Medlock Bridge (Hwy 141), just minutes from the area’s major thoroughfares and surrounded by brand-name tenants such as Hitachi, State Farm, SAIA, and Emory Johns Creek Hospital. At 89% leased the buildings provide a strong in-place cash flow supported by an established tenant roster containing three headquarters – ARRIS International, Femasys, and Alpha Advanced Materials.

“This investment provides Sealy opportunities to demonstrate our entrepreneurial spirit. The acquisition was made at a significant discount to replacement cost in a high-growth and high-income micro-market,” stated Scott Sealy, Jr., Vice President Business Development. “Each of the buildings appeals to the specific needs of the area’s growing and existing tenant demand and underlying demographics providing multiple ownership strategies. Having used SSEP’s enterprise financing to acquire these properties, we will be in the position to execute any of these strategies when most accretive to the overall SSEP portfolio”

As an essentially self-sustaining community, Johns Creek boasts a well-established corporate presence, diverse amenity base that includes numerous restaurants, retailers, hotels, and grocers, and country club communities. The area is also home to some of North Atlanta’s finest public schools, including Johns Creek and Northview High School, which posts among the highest testing scores in the state of Georgia. This list is further augmented by its accessibility to North Point Mall, Avalon, and The Collection at Forsyth. With all of its attributes and collection of amenities, it is no surprise that the area is home to both high-ranking decision makers and a young, highly-educated workforce sought-after by employers.

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.