In 2024, the industrial real estate market showed resilience and growth, fueled by the increasing demand for high-quality logistics and distribution space. Sealy & Company’s long history of success in this sector reflects our proven strategies and over 75 years of industry leadership. Our ability to build strong partnerships and maintain long-term relationships has been a key factor in our progress, enabling us to deliver outstanding results for our investors, clients, tenants, and stakeholders. Our success is a direct result of our talented and dedicated teams, whose expertise and commitment continue to drive us toward new opportunities and more outstanding achievements.

Sealy & Company is honored to have been featured in the recent Costar article, “Industrial Sales Drive Investment Volume Higher in Cleveland,” highlighting our acquisition of a premier industrial property in Strongsville, Ohio. The 310,000-square-foot facility was purchased in October, marking Sealy & Company’s first acquisition in the Cleveland market. Our strategic entry into Cleveland aligns with our broader investment goals, as the region has shown impressive industrial growth, with rent increases outpacing national averages. The transaction reinforces our commitment to expanding in high-performing markets, maximizing investment returns, and delivering long-term value to our stakeholders. This deal was made possible through the combined efforts of our investment team and trusted industry partners, further solidifying our reputation as a leading competitor in the industrial real estate market.

Sealy’s ongoing success in leasing has also been recognized with two Costar Power Broker Quarterly Deal Awards. The first award highlights our success in the Greenville/Spartanburg market with a top lease at 201 Commerce Court in Duncan, SC. The 150,000-square-foot building was leased to Kelso Industries, a leading mechanical, electrical, plumbing, and HVAC provider. Our partnerships with Chad Stepp and Perry Major of JLL contributed to the successful execution of this deal, reinforcing the strength of our leasing strategy while showcasing our ability to secure high-quality, reliable tenants like Kelso Industries. Their addition to our portfolio enhances property performance and strengthens stakeholder returns, further exemplifying Sealy & Company’s leadership in the market. By continuously raising the bar for industrial real estate operational standards, Sealy strategically enhances asset value, optimizes operational efficiencies, and strives for long-term tenant satisfaction.

Additionally, Sealy & Company received a Costar Power Broker Quarterly Deal Award for leasing efforts in the St. Louis market. This accolade emphasizes our successful lease renewal at Lakeview Commerce Center III, where World Wide Technology (WWT) has confidently renewed their lease for an impressive 1,109,830 square feet in Granite City, IL. WWT has established a significant presence in this facility since 2009. The expertise of Ed Lampitt and Matt Eastin of Cushman & Wakefield contributed to the successful execution of this deal, complementing Sealy & Company’s strong leasing and property management strategies. This renewal demonstrates our capability to retain top-tier tenants by providing exceptional property management and leasing services that enhance our client’s long-term operational success.

These prestigious recognitions from CoStar affirm our ability to navigate complex transactions and execute market-leading deals. Sealy & Company remains committed to leveraging our expertise, deep market knowledge, and strategic relationships to drive continued growth. As we look ahead, we will continue making informed investment decisions that generate strong returns and reinforce our position as a leader in industrial real estate.