Sealy & Company, a fully-integrated commercial real estate investment and operating company, has purchased Lone Elm Commerce Center, a Class-A warehouse in Olathe, Kansas.
This sale was completed by Mark Long, president and chief executive officer, and John Hassler, senior managing director, with Newmark Zimmer.
The 210,500-square-foot industrial facility, situated on 12 acres, features an aesthetically enhanced office storefront, surrounding windows, expansive parking, loading docks, vast paved outdoor storage and a high-efficiency rooftop. Additionally, the building can be configured to accommodate tenants in need of smaller spaces of 50,000 to 100,000 square feet.
The property was developed by Heise-Meyer, LLC in partnership with Odyssey Real Estate Capital. The building is 50 percent leased and Newmark Zimmer will be leasing the remainder of the vacant space.
