Sealy & Firm has introduced the acquisition of a newly constructed 191,845-square-foot industrial distribution positioned on the nook of Purdue Avenue and SW thirty sixth Avenue in Oklahoma Metropolis. (Courtesy photograph)
OKLAHOMA CITY (JR) – Business and industrial actual property funding and working agency Sealy & Firm introduced its acquisition Thursday of a newly constructed 191,845-square-foot industrial distribution heart in Oklahoma Metropolis.
The totally leased, state-of-the-art facility is on the nook of Purdue Avenue and SW thirty sixth Avenue.
The off-market transaction was made for an undisclosed quantity, Sealy & Firm mentioned in a launch.
Situated lower than half a mile north of Freeway 152 and roughly 2 miles from Interstates 40 and 44, the power gives tenants quick access to all of Oklahoma Metropolis’s main interstates, the Dallas-based agency mentioned.
In line with the discharge, the property additionally affords tenants “very good” constructing options and cross-dock performance, a uncommon amenity for buildings of its dimension out there.
“Sealy’s historical past within the OKC market has produced deep relationships and market data which had been contributing components to the transaction’s success,” Sealy & Firm Chief Funding Officer Scott P. Sealy Jr. mentioned. “Realizing the restricted pool of competing merchandise within the total OKC market and the event constraints within the Southwest submarket, we consider this acquisition was a strategic addition to our rising portfolio.”
Sealy & Firm identifies as a pacesetter in buying, growing, and redeveloping regional distribution warehouses, industrial flex, and different business properties. In line with the discharge, it gives a full-service platform for high-net-worth people and institutional traders by its growth, administration and brokerage divisions.
Sealy & Firm employs greater than 100 folks in workplaces positioned in eight workplaces, with company workplaces in Dallas, Texas, and Shreveport, Louisiana.
