{"id":1004231974,"date":"2018-05-25T02:34:15","date_gmt":"2018-05-25T10:34:15","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004231974"},"modified":"2022-12-08T07:06:48","modified_gmt":"2022-12-08T15:06:48","slug":"sealy-co-acquires-2-oklahoma-city-industrial-assets","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sealy-co-acquires-2-oklahoma-city-industrial-assets\/","title":{"rendered":"Sealy &amp; Co. Acquires 2 Oklahoma City Industrial Assets"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004231976\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004231976\" data-attachment-id=\"1004231976\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/sealy-co-acquires-2-oklahoma-city-industrial-assets\/524-sara-road-oklahoma-city-okla\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg\" 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;1511695644&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;1&quot;}\" data-image-title=\"524 Sara Road, Oklahoma City, Okla.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;524 Sara Road, Oklahoma City, Okla.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg?w=800\" class=\"wp-image-1004231976 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004231976\" class=\"wp-caption-text\">524 Sara Road, Oklahoma City, Okla.<\/p><\/div>\n<p>Sealy &amp; Co. has purchased two Class A industrial warehouses in Oklahoma City, Okla., on behalf of Sealy Strategic Equity Partners.<\/p>\n<p>Located at 524 and 600 Sara Road, the properties total 431,750 square feet, bringing the firm&#8217;s local square footage ownership to more than 2.1 million square feet. Each warehouse includes features such as 28-foot clear heights, 200-foot truck courts and abundant parking. The assets are located within Westgate park, two miles from Interstate 40 and one mile from Kilpatrick Turnpike.<\/p>\n<p><em>\u201cWe feel the Oklahoma City market is demonstrating healthy economic fundamentals and benefits from its Mid-America location offering logistical advantages. The tenant demand continues to outpace development activities creating rent growth and positive net absorption. Therefore, I expect we will continue to evaluate strategic investment opportunities in Oklahoma City,\u201d<\/em> said Scott Sealy Jr., chief investment officer at Sealy &amp; Co., in a prepared statement.<\/p>\n<h2>Midwest expansion<\/h2>\n<p>Sealy &amp; Co. has been snatching up industrial properties throughout the Midwest over the past year, including Ohio, Indianapolis and St. Louis. Last July, the firm <a href=\"https:\/\/www.commercialsearch.com\/news\/sealy-acquires-650-ksf-ohio-distribution-facility\/\">purchased the $40 million\u00a0Creekside IX<\/a>, a 652,195-square-foot distribution center in Lockbourne, Ohio. The property is located within\u00a0Creekside Industrial Center, a 21-building business park totaling more than 11 million square feet of industrial space.<\/p>\n<p>Prior to that, in March,\u00a0Sealy &amp; Co. acquired a seven-building, Class A industrial portfolio located in the <a href=\"https:\/\/www.commercialsearch.com\/news\/sealy-co-buys-1-1-msf-industrial-portfolio\/\">Park 100 industrial campus in Indianapolis<\/a>.\u00a0The 1.1 million-square-foot assets are commonly known as the North by Northwest Business Park and were 92 percent leased to 25 different companies.<\/p>\n<p><em>Image courtesy of Sealy &amp; Co.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Purchased on behalf of Sealy Strategic Equity Partners, the properties total more than 400,000 square feet, bringing the firm&#8217;s local square footage ownership to more than 2.1 million square feet. <\/p>\n","protected":false},"author":746,"featured_media":1004231976,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,13,21742],"tags":[33298],"class_list":["post-1004231974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-midwest","category-latest","tag-sealy-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sealy &amp; Co. Acquires 2 Oklahoma City Industrial Assets - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sealy-co-acquires-2-oklahoma-city-industrial-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sealy &amp; Co. Acquires 2 Oklahoma City Industrial Assets\" \/>\n<meta property=\"og:description\" content=\"Purchased on behalf of Sealy Strategic Equity Partners, the properties total more than 400,000 square feet, bringing the firm&#039;s local square footage ownership to more than 2.1 million square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/sealy-co-acquires-2-oklahoma-city-industrial-assets\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-25T10:34:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T15:06:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/524-Sara-Road-Oklahoma-City-Okla..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sealy-co-acquires-2-oklahoma-city-industrial-assets\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sealy-co-acquires-2-oklahoma-city-industrial-assets\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Sealy &amp; Co. 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