Sealy & Company has finalized a high-volume lease renewal with tenant World Wide Technology at Lakeview Commerce Center II and III. William Shagets, Regional Director, led the negotiations on behalf of Sealy & Company, with Ed Lampitt and Matt Eastin with Cushman & Wakefield representing Sealy locally, securing a 539,000 SF lease extension and a 1.1MMSF extension. This renewal represents a significant milestone for Sealy & Company, as WWT has been a long-term tenant at both properties and is Sealy’s largest tenant.

World Wide Technology, founded in 1990, is a global systems integrator offering innovative digital strategies and supply chain solutions to public and private organizations. “We leverage more than 30 years of experience to help propel the globe’s largest and most innovative organizations forward. Our expertise in AI, cloud, networking, cybersecurity, data analytics, automation, digital transformation and more allows us to deliver groundbreaking solutions that redefine businesses, revolutionize industries, transform communities and exceed expectations. We don’t just envision a better future — we create it.”  With more than 10,000 employees worldwide, WWT is a key partner for 80+ of Fortune 100 companies. Their partners include industry leaders like Microsoft, Dell, and Intel and their expertise makes them a powerhouse in technology solutions with over $20 billion in annual revenue.

Lakeview Commerce Center II, located at 3971 Lakeview Corporate Drive, spans 539,877 SF and includes a range of enhancements tailored for industrial, office, and lab use. Built in 2006, the facility features 29,900 SF of modern office and lab space and high-performance systems, including T5 lighting and backup generators. The property’s strategic location within a 48-hour reach of 70% of the U.S. population makes it an ideal logistics hub.

Lakeview Commerce Center III is a 1,109,830 SF Class A distribution building ideally located for WWT at 3951 Lakeview Corporate Drive. The facility was originally built in 2008 but expanded in 2015 to offer additional office pods, trailer stalls, and enhanced security with multiple guard stations. Recently, BOMA International awarded the building with the prestigious BOMA 360 designation.

The BOMA 360 Program sets the global standard for operational excellence in energy efficiency, life safety, and tenant relations. Lakeview Commerce Center III receiving this certification highlights Sealy & Company’s dedication to superior property management and driving sustainability. Recognized as the gold standard in the commercial real estate industry, the BOMA 360 Performance Program highlights excellence in various areas, including life safety, security, risk management, training and education, energy efficiency, environmental sustainability, tenant relations, and community involvement.  This achievement signifies best-in-class practices in the real estate industry and benefits both Sealy as an owner/operator and WWT as a tenant, ensuring a safe, efficient, and well-maintained environment for their operations.

This lease renewal with World Wide Technology reaffirms Sealy & Company’s reputation as a top-tier owner and manager of industrial properties. By providing exceptional service, maintaining high-quality facilities, and fostering strong tenant relationships, Sealy continues creating value for its tenants and investors. “A special shoutout and congratulations to Will Shagets for leading this deal on behalf of Sealy. Will’s exceptional work was supported by many from Asset Management, Operations, and other areas of our organization. I am incredibly proud of the results achieved through our team’s collaborative efforts,” added Eric Marx, Chief Operations Officer for Sealy & Company.

The commitment from WWT reflects Sealy’s proactive approach to property management, ensuring that each facility is maintained to the highest industry standards. Sealy & Company’s dedication to collaboration and excellence makes for a trusted partner in the commercial real estate sector.