Live Breaking News & Updates on First Industrial Real Estate Trust Inc

Sealy & Company’s Chief Investment Officer, Scott Sealy, Jr., led the Investment team in acquiring this asset. He and his team worked closely with Tom Lynch and Faron Wiley of CBRE to acquire the property from First Industrial Real Estate Trust, Inc. Sitting on over 40 acres of land, the asset is equipped with over 200 trailer parking spaces with additional expansion capacity, furthering the opportunity to maximize the heavy haul corridor within which it resides. Houston, TX, Feb. 17, 2021 (GLOBE NEWSWIRE) 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 a 663,821 square foot distribution warehouse in Houston, Texas. The transaction was made for an undisclosed amount. The building is ideally located in the Northeast industrial submarket in the Houston MSA which offers a diverse and highly skilled labor force of more than three million wo ....

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