Sealy & Company Extends Reach in Southeast and Mid Atlantic Markets

Aug 31, 2010, 10:07 ET from Sealy & Company

DALLAS, Aug. 31 /PRNewswire/ -- Sealy & Company, a fully integrated commercial real estate investment and operating firm, announces that industry veterans Tom Senkbeil, Bob Cutlip and Klay Simpson have joined the Company's corporate and regional management teams and will lead the acquisition, development and disposition of industrial and office properties for the Southeast and Mid Atlantic Region. They will be based at Sealy & Company's regional office in Atlanta.

"Having Tom, Bob and Klay part of the Sealy & Company team is truly exciting," says Scott Sealy, Sr., Chairman of the Board of Sealy & Company. "Their market expertise, accomplishments and reputations are well known - and highly regarded - throughout our industry. The success of Sealy & Company over its 65 year history has always been a reflection of the quality of our people. With this expanded team, Sealy & Company is better positioned than ever to identify and execute investments for our respective companies and partners."

The geographic focus of the expanded team includes markets where Sealy & Company currently operates in Florida, Georgia and Tennessee, as well as expansion markets in Alabama, North and South Carolina, Maryland, Virginia, and the District of Columbia. A wide range of investment opportunities within the industrial and office sectors are available to Sealy & Company because of its relationships, capacity and the diverse objectives of its capital base.

Speaking on behalf of Bob Cutlip and Klay Simpson, Tom Senkbeil states: "Through this association with Sealy, we have immediate access to what we regard as the premier organization and platform in their markets. Sealy's history of success is proof of that. Each of us has deep experience in those markets, as well as in the geographic areas identified for expansion. Our views on investment strategy and operational objectives are aligned, as are our work practices. Together, we look forward to much success."

This addition to Sealy & Company brings with it leaders in the commercial real estate industry who have held senior executive positions at Weeks Corporation, Duke Realty Corporation, Carter & Associates, First Industrial Realty Trust and Highwoods Properties. They have also served in a number of national leadership positions, including NAIOP and other premier trade organizations.

Sealy & Company has approximately 100 employees in eight offices throughout Texas, Louisiana, Georgia and Tennessee, and maintains its headquarters in Dallas, Texas and Shreveport, Louisiana. The Company has over 19 million square feet of commercial properties under ownership and management.

Sealy & Company 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.

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

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SOURCE Sealy & Company