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MEMPHIS—Sealy & Co., a Shreveport, LA-based commercial realestate and operating company, has closed a deal 20 single-tenantindustrial buildings ranging from about 25,000 to about 50,000square feet. "It's right near the airport, so it's very attractive"both for local companies that might have a connection to airportservices and national names operating warehouse facilities, saidHank Martin of NAI Saig, who brokered the off-marketacquisition.
Terms of the deal and the seller's identity are confidential,though Sealy notes that it's done business with the seller beforethrough Martin. The portfolio totals 1.02 million square feet andwill be held by Sealy Industrial Partners, L.P.
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Scott Graham
Scott Graham focuses on intellectual property and the U.S. Court of Appeals for the Federal Circuit. He writes ALM's Skilled in the Art IP briefing. Contact him at [email protected].
