Sealy & Company Acquires LEED® Certified Distribution Center

ATLANTA, Sept. 2 /PRNewswire/ -- Sealy & Company, LLC (Sealy), a fully integrated commercial real estate investment and operating firm, announces the Mortgage Note purchase resulting in ownership of Braselton 85 Distribution Center, a 439,338 square foot LEED® Certified Silver warehouse facility located in Braselton, Georgia. Fronting Highway 124 and offering I-85 exposure, this multi-tenant facility can accommodate tenant requirements from 80,000 square feet to 439,338 square feet, and contains additional trailer storage.

Braselton 85 Distribution Center was sourced by Tom Senkbeil, Bob Cutlip and Klay W. Simpson, all of whom, as was announced in a Company press release on August 31, 2010, recently joined Sealy to lead and expand the Company's Southeast and Mid-Atlantic Region in acquiring, developing, and disposing of real estate opportunities.

"We had our eyes open and the capital ready for just the right transaction," says Scott Sealy, Sr., Chairman of The Board of Sealy. "This transaction was a great opportunity for us to secure a new Class A LEED® Certified building in one of Atlanta's most active submarkets. The building is a rear load distribution center developed in 2008 with all of the modern amenities today's distribution users need and expect. We couldn't be more pleased."

The property is located in Atlanta's Northeast Industrial submarket, one of the most dynamic industrial submarkets in the Atlanta metro area. Braselton is located in Jackson County, approximately 40 miles northeast of downtown Atlanta, a strong distribution market located on a main interstate artery servicing the Northeastern United States.

The Braselton 85 Distribution Center is situated well to accommodate a variety of tenant requirements due to its flexibility, institutional quality and excellent location for large distribution space needs. Sealy is employing an aggressive lease-up program in order to bring the building to full occupancy within the near term.

Established in 1946, Sealy is a recognized leader in acquiring, developing, redeveloping and managing regional distribution warehouse, flex, industrial and other property types located primarily in the Southeastern, South-central and Southwestern United States, and currently has approximately 20 million square feet of commercial properties under ownership and management.  Sealy has approximately 100 employees in eight offices throughout Texas, Louisiana, Georgia and Tennessee, and maintains its headquarters in Dallas, Texas and Shreveport, Louisiana.

Because of its concentrated presence in dynamic markets, capital platform and proven entrepreneurial team, Sealy is well suited to expand and enhance its portfolio of owned and managed properties.

Sealy & Company website: www.sealynet.com

SOURCE Sealy & Company