Sealy & Company Celebrates Record Breaking Year in Acquisition Volume Coupled with Top Rankings, Platform Growth, and Continued Employee Satisfaction
DALLAS–(BUSINESS WIRE)–Since its founding in 1946 by J. Pollard Sealy, Sr., Sealy & Company has grown into a fully integrated commercial real estate investment and operations company. A 4th generation family business, Sealy is a recognized leader in the industrial real estate market with over $6 billion invested in the last 20 years alone. As of year-end 2022, the Company owns and manages approximately $2.5 billion in assets across 30 million square feet in 28 U.S. markets.
2022 proved to be another monumental year in Sealy & Company’s strong track record, during which the company achieved a number of corporate records and awards including:
Record year in acquisition volume – at over $631 million in 2022, up $50 million from the previous year. The total acquisition volume includes 18 deals with an average deal size of $35 million.
Significant increase in square footage – At over 8.58 million square feet, 2022 was another record year for the Company in terms of total space added to Sealy portfolios. Over 63% of square feet acquired in 2022 came from deals brought to Sealy & Company on an off-market basis.
Most active buyers of commercial space among private owners/operators – in terms of investment volume according to Real Capital Analytics, marking the sixth consecutive year being recognized among the top buyers.
Groundbreaking investments in six new markets – The company’s portfolio now includes 28 markets. In 2022, Sealy made acquisitions to expand the company’s presence in Dayton, OH; Des Moines, IA; Fort Myers, FL; Lakeland, Florida; Phoenix, Ariz.; and Pittsburgh, PA. These deals marked the first acquisition in Sealy’s history in all markets except Phoenix, where Sealy & Company previously developed and owned industrial real estate.
Certified as a Great Place To Work for the fourth year in a row – Sealy & Company continues to expand the company’s community engagement, philanthropic contributions and thriving corporate culture.
Growth in the number of employees and expansion of internship opportunities – In 2022, Sealy & Company added 11 new jobs, an increase of 4.32%. It offered internship opportunities in three departments to build relationships for future members of the Sealy team.
“Looking ahead, Sealy will remain steadfast in executing our 50+ year sophisticated business strategy for investing in industrial real estate. We believe that industrial real estate will continue to be the product of choice and will continue to demonstrate its resilience in the marketplace, as we have seen in operations and investments over the last seven decades. Sealy & Company will continue to improve our platform of operations, strengthen our people and live our brand,” said Scott P. Sealy, Sr, Chairman of Sealy & Company.
“Our team is poised and uniquely positioned to capitalize on the industrial investment landscape of 2023 as we advance our efforts to continue acquiring high quality, well located and better stabilized industrial properties in key markets across the United States,” added Scott P Sealy, Jr., Chief Investment Officer of Sealy & Company
Sealy & Company enters 2023 with a strong pipeline of institutional-grade asset investment opportunities ready to execute on their investment objectives, supported by their full-service platform. Sealy’s proven track record of consistently exceeding industry benchmarks has contributed to the success we have achieved throughout the company’s history and will be the catalyst that propels our company to future success.
For more Sealy & Company news and information, visit the company’s website at www.Sealynet.com.
About Sealy & Company
Sealy & Company, a fully integrated commercial real estate investment and operations firm, is a recognized leader in the acquisition, development and rehabilitation of regional distribution warehouses, industrial/flex and other commercial properties. Sealy offers a full-service platform for high net worth individuals and institutional investors through our development, administration and brokerage departments. Sealy & Company has an exceptional team of over 100 employees in four regional offices, with corporate offices in Dallas, TX and Shreveport, LA.
