DALLAS—On the heels of acquiring a 902,715-square-foot industrial portfolio in El Paso and Harlingen last week, Sealy & Co. has disposed of its Texas Industrial Portfolio, which consists of 19 institutional quality assets totaling 1.48 million square feet located in Dallas, Houston and San Antonio.
The portfolio was part of Sealy's joint venture holdings with global real estate investment management firm, AEW Capital Management. AEW owned the portfolio on behalf of AEW Partners VII LP, the seventh in AEW's opportunistic fund series.
The Texas Industrial Portfolio is currently 91 percent leased, and consists of primarily multi-tenant, net-leased industrial facilities.
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