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 the 478,190 square foot Class A Bulk Warehouse, Centerpoint #6. The transaction expands Sealy’s footprint in Rickenbacker, the most robust bulk distribution/warehouse market in Columbus.

This property is located in the Centerpoint Business Park, a four million square foot master planned industrial park, which is minutes from I-270 providing excellent access to I-70, I-71, and other major thoroughfares within the Columbus metro area. Columbus has consistently attracted investors and tenants due to its growing workforce, low warehouse costs, and distribution infrastructure. For Sealy, the healthy market fundamentals combined with the value-add nature of the investment solidified the decision to expand in this strategic location.

Currently, the building is 53% occupied by rising startup, Le Tote. Other tenants in the park include Pier One, Nautilus, and Avnet.

“This off-market acquisition was ideal for SSEP,” says Sealy’s Chief Investment Officer, Scott Sealy, Jr. “The ability to expand our portfolio with a quality property in an industrial market and location as strong as Rickenbacker is a great opportunity, and we appreciate the diligence of all involved in its execution.”