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July 25, 2021
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Sealy & Company Buys 132k sf of TX Industrial Assets


Sealy & Company purchased two light industrial warehouse and distribution buildings totaling 131.6k sf within the Butterfield Industrial Park in El Paso, TX. Sealy purchased the assets from Hagar Pacific Properties for an undisclosed amount.

Located adjacent to El Paso International Airport, the facilities are within a critical logistics market along the Texas border that is known for its high barriers to entry and strong fundamentals. The functionally constructed and flexibly designed assets are situated just three miles off Interstate-10, the 4th longest interstate in the United States. El Paso is strategically located on the U.S. and Mexico border, which has driven one of the most impressive real estate markets on the southern border, playing an integral role in world trade, manufacturing, and distribution.

Sealy & Company is familiar with the area, as it owns several properties in El Paso accounting for approximately three percent of its portfolio nationwide
In-house execs Jason Gandy and Davis Gibbs at Sealy & Company, along with Randy Baird of CBRE, handled the deal on the buyer’s side.

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