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Chicago & Midwest  + Midwest  + Industrial  | 

Sealy & Co. Acquires 600K SF of Class A Logistics Properties in Detroit Submarket

Sealy & Company, a Dallas-based specialist in the industrial real estate market, has acquired AeroPlex One & Two, a 600,000-square-foot industrial complex comprised of two Class A logistics buildings, located in one of the most competitive industrial submarkets of Detroit. The transaction was made for an undisclosed amount. 

The AeroPlex One & Two portfolio includes assets with attractive building features, including 30′ clear heights, large truck courts, cross-dock configuration, ample truck and automobile parking with exterior truck docks, and multiple points of ingress and egress, Sealy & Co said. 

 With suite sizes ranging from 30,000 to 195,000 square feet, the buildings can accommodate a wide variety of tenant requirements. AeroPlex One & Two are strategically located adjacent to the Detroit Metropolitan Wayne County Airport and only 1.7 miles South of I-94 and minutes to I-75, the North-South highway.  

The portfolio is also located in proximity to four Class A rail lines and the Willow Run Airport, one of the nation’s largest airports for landed air freight flown by exclusively cargo aircraft. 

“Q2 2022 has shaped up to be very active for Sealy & Company. We entered the Detroit market in Q2 2021 and are pleased to add these two buildings to our current holdings in the market. We will continue to seek out assets in our target markets that align with our proven investment strategy,” says Jason Gandy, Sealy’s managing director— investment services. 

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About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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