DALLAS–(BUSINESS WIRE)–Sealy & Firm, a fully-integrated industrial actual property funding and working firm and acknowledged chief within the industrial actual property market, declares the acquisition of 200 NW 142nd Avenue within the Oklahoma Metropolis MSA. The 27,000 sq. foot Class A Industrial property was acquired in an off-market deal for an undisclosed quantity.
The rear-load warehouse distribution middle presents optimum performance for a smaller warehouse, together with 9 dock-high doorways, eight drive-in doorways, 22’ clear heights, and minimal workplace finish-out. The property is positioned in one among Oklahoma Metropolis’s most tasty submarkets. The irreplaceable infill location is located one mile from the intersection of Freeway 77 and John Kilpatrick Turnpike and simply 5 miles from Interstate-35. The property is presently 100% leased to a few tenants
Fueled by strong inhabitants development and the rise of e-commerce, the Oklahoma Metropolis area has added 16.4 million SF of latest industrial house since 2010. With the realm’s central location, regular job development, and robust transportation infrastructure, the area continues to solidify itself as an rising logistics hub. Oklahoma Metropolis is just one of 14 cities throughout the nation so as to add greater than 100,000 individuals within the final ten years, in response to 2020 information from the U.S. Census Bureau. Of the 25 largest cities by inhabitants, Oklahoma Metropolis had the sixth-fastest development price between 2010 and 2020 at 17.4 p.c.
“Sealy & Firm first entered the Oklahoma Metropolis market in 2014. Since then, now we have continued to hunt funding alternatives in industrial actual property that align with our portfolio by design goal. Oklahoma Metropolis has been an incredible marketplace for Sealy, and we look ahead to persevering with to amass and develop high quality industrial properties,” says Davis Gibbs, Sealy & Firm’s Director— Funding Companies.
Jason Gandy, Managing Director – Funding Companies, and Mr. Gibbs led the transactions for Sealy & Firm. Jason Hammock of CBRE represented the vendor.
For extra information and knowledge concerning Sealy & Firm, please go to the corporate’s web site at www.Sealynet.com.
Sealy & Firm
Sealy & Firm, a fully-integrated industrial actual property funding and working firm, is a acknowledged chief in buying, creating, and redeveloping regional distribution warehouses, industrial/flex, and different industrial properties. Sealy offers a full-service platform for high-net-worth people and institutional traders via our growth, administration, and brokerage divisions. Sealy & Firm has an distinctive group of over 100 workers, positioned in eight places of work, with company places of work in Dallas, TX and Shreveport, LA.