Sealy Real Estate Services, a division of Sealy & Company, announces that it has brokered the sale of a 226,000 square-foot industrial facility located at 7699 West Bert Kouns Industrial Loop in Shreveport, Louisiana to LAMN, L.L.C., an affiliate of Lubrication Technologies, Inc. (Lube-Tech).
Beth F. King, SIOR an Associate Broker, and Mark. P. Sealy, President of Sealy Real Estate Services represented the seller Sealy Industrial Loop Partners, L.P. in this sale. “Lube-Tech’s investment in the Shreveport market along with providing quality local jobs is a win for Shreveport’s economy” stated Beth F. King, SIOR.
Lube-Tech is a market leader in resources for advanced lubrication and energy solutions. The new Shreveport facility will manufacture, package and distribute specialty lubricants globally. Lube-Tech purchased the manufacturing facility for $7.2 Million.
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.