Sealy & Co Acquires Property From Broad-Ocean Motor At 18140 Kickapoo Rd Hockley TX

The property asset involved in this transaction is the Waller Distribution Center located at 18140 Kickapoo Rd, Hockley, TX, 77447. This industrial facility spans 479,800 square feet and is situated on nearly 45 acres in the Waller market. The acquisition was made by Sealy & Co., expanding their footprint in metropolitan Houston.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 18140 Kickapoo Rd, Hockley, TX, 77447
• Buyer: Sealy & Co
• Seller: Broad-Ocean Motor
• Buyer's Representative: Jason Gandy, Sealy & Company
• Seller's Representative: Mark Redlingshafer, CBRE
• Square Footage: 479,800
• Market: Waller

The deal was spearheaded by Scott Sealy Jr., Jason Gandy, and Tom Herter from Sealy's investment services team, representing Sealy in the acquisition. Broad-Ocean Motor, the previous owner of the property, was represented by CBRE’s Tom Lynch and Mark Redlingshafer. Sealy plans to enhance the facility by extending the truck court to improve functionality, while the existing tenant maintains a commitment to 35 percent of the space for several years.