
Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, is announcing the disposition of its 811,092 SF RG Valley Industrial portfolio. This 10-building property lies within the Rio Grande Valley corridor in Brownsville, TX. The transaction was made for an undisclosed amount.
The Rio Grande Valley, located in the southern tip of Texas, is a major distribution center for international trade between Mexico and the U.S. with an economy based on industry, agriculture, and tourism. Brownsville is one of the three largest cities in the Valley located along U.S. Highway 83 and is close in proximity to the primary commercial port of entry.
The portfolio offers features attractive to industrial users such as its proximity to the Brownsville International Airport, regional highway infrastructure, the main commercial crossing point into Matamoros, Mexico, and the Port of Brownsville. The disposition was fulfilled by Sealy’s investment services team led by Jason Gandy and Davis Gibbs.
Sealy & Company’s Chief Investment Officer, Scott Sealy, Jr. says “The demand generated by the international trade economy of this area is a primary driver of the success we’ve had with this portfolio, and the RG Valley area will only continue to grow.”
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.