August 26, 2022
Sealy & Company Strengthens Louisiana Portfolio with 55,500 Square Foot Industrial Property in Lake Charles, LA
"We are excited to expand our portfolio in Louisiana with this acquisition..."

James Sprow | Blue Vault |

Sealy & Company, a fully-integrated commercial real estate investment and operating company and recognized leader in the industrial real estate market, announces the acquisition of 2970 Calcasieu Drive, a 55,500 square foot warehouse/distribution facility, on Friday, August 26,2022, in an off-market transaction for an undisclosed amount.

Strategically located in Calcasieu Industrial Park, the property includes a 120’ truck court as well as 14 dock-high doors, a desirable feature for tenants in a market with minimal existing dock-high product.  The Lake Charles market is situated just South of I-10 and is halfway between Houston and Baton Rouge, making its location an ideal home for warehouse and distribution facility users.  The Lake Charles industrial market is comprised of approximately 5.7 million square feet and boasts an occupancy rate of 97.6%.

As a fourth-generation family-owned company, Sealy is a recognized leader in acquiring, developing, and redeveloping industrial/flex, regional distribution warehouse, and other industrial properties.

“We are excited to expand our portfolio in Louisiana with this acquisition.  This property was developed by the Ratcliff Companies, a long-term trusted partner of Sealy & Company, whose industrial property development expertise is evident in the quality construction of this asset,” says Mark Sealy, President of Sealy & Company

About Sealy & Company

Sealy & Company, a fully-integrated commercial real estate investment, and operating company, is a recognized leader in acquiring, developing, and redeveloping regional distribution warehouse, industrial/flex, and other commercial properties. Sealy provides a full-service platform for high-net-worth individuals and institutional investors through our development, management, and brokerage divisions.Sealy & Company has an exceptional team of over 100 employees, located in five offices, with corporate offices in Dallas, TX and Shreveport, ­LA.

Source: Sealy & Company

Recent

Inland and University Partners Form Strategic Student Housing Relationship

Inland and University Partners Form Strategic Student Housing Relationship

“We are thrilled to work with University Partners, a proven leader and innovator in the student housing industry, as we continue to grow IPC’s platform with best-in-class, institutional quality student housing assets,” said Keith Lampi, president and chief executive officer of IPC.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now