{"id":1004185189,"date":"2017-07-27T05:01:19","date_gmt":"2017-07-27T13:01:19","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004185189"},"modified":"2022-12-07T23:49:30","modified_gmt":"2022-12-08T07:49:30","slug":"sealy-acquires-650-ksf-ohio-distribution-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sealy-acquires-650-ksf-ohio-distribution-facility\/","title":{"rendered":"Sealy Acquires 650 KSF Ohio Distribution Facility"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004185191\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Creekside-IX-Columbus-Ohio.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004185191\" data-attachment-id=\"1004185191\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sealy-acquires-650-ksf-ohio-distribution-facility\/creekside-ix-columbus-ohio\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Creekside-IX-Columbus-Ohio.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Creekside IX, Columbus, Ohio\" data-image-description=\"&lt;p&gt;Creekside IX, Columbus, Ohio&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Creekside IX, Columbus, Ohio&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Creekside-IX-Columbus-Ohio.png?w=800\" loading=\"lazy\" class=\"wp-image-1004185191 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Creekside-IX-Columbus-Ohio.png\" alt=\"Creekside IX, Columbus, Ohio\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Creekside-IX-Columbus-Ohio.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Creekside-IX-Columbus-Ohio.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/Creekside-IX-Columbus-Ohio.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004185191\" class=\"wp-caption-text\">Creekside IX, Columbus, Ohio<\/p><\/div>\n<p>Sealy &amp; Co. re-entered the Columbus, Ohio market by acquiring Creekside IX, a 652,195-square-foot distribution center in Lockbourne, Ohio. The asset is part of Creekside Industrial Center, a 21-building business park offering more than 11 million square feet of industrial space within the Southeast submarket of Columbus.<\/p>\n<p>PropertyShark records indicate that Searly &amp; Co. bought the facility\u00a0from Exel Inc. on behalf of Sealy Strategic Equity Partners in a $40 million deal. This is more than $5 million over the price Exel paid when it acquired the warehouse from Pizzuti in April 2017. The buyer had made another acquisition of a <a href=\"https:\/\/www.commercialsearch.com\/news\/sealy-co-acquires-st-louis-distribution-portfolio\/\">St. Louis\u00a0industrial facility<\/a>\u00a0in Spring 2017.\u00a0<\/p>\n<h2>Surpassing expectations<\/h2>\n<p>Creekside IX was completed in 2015 and is currently fully occupied by a multinational corporation. The building incorporates state-of-the-art features such as:<\/p>\n<ul>\n<li>32-24-foot clear heights<\/li>\n<li>T-5 lighting<\/li>\n<li>ESFR fire suppression systems<\/li>\n<li>cross-dock configuration<\/li>\n<li>60-foot loading bays<\/li>\n<\/ul>\n<p>The warehouse\u2019s location within the 500-acre Creekside Industrial Center makes it easily accessible from interstates 270 Loop, 70 and 71, the Port Columbus International Airport, the Rickenbacker Air Industrial Park and the Norfolk-Southern Intermodal facility.<\/p>\n<p><em>Image courtesy of Sealy &amp; Co.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The owner, Exel Inc., sold the property to Sealy in a $40 million deal, marking the second time in three months the property changed hands. <\/p>\n","protected":false},"author":1064,"featured_media":1004185191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1585,21743,21748,13,21742],"tags":[36973,33298],"class_list":["post-1004185189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-columbus","category-deals","category-industrial","category-midwest","category-latest","tag-pizzuti-development","tag-sealy-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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