Sealy & Company makes $11.9 million Investment in Memphis Market
Sealy & Company closed on their third industrial acquisition in Memphis on behalf of the company’s investment offering Sealy Strategic Equity Partners (SSEP) on December 22nd. Their latest purchase, which totals 600,000 square feet, is located at 4221 Pilot Drive in Memphis’ bustling Southeastern submarket. This brings the fully-integrated commercial real estate investment and operating company’s investment to over $20 million in Memphis.
Hank Martin, vice president with NAI Saig Company, represented Sealy in the acquisition. Kurt Nelson with Hillwood Investment Properties represented the seller.