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
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.