DALLAS, TX – (June 24, 2024) – Sealy & Company, a leader in the industrial real estate market, proudly announces the acquisition of Pederson Logistics Center, located at 574 Pederson Road, Katy, TX 77494. This strategic addition to Sealy & Company’s portfolio strengthens our position as a long-time investor in the dynamic Houston industrial market.

Premier Class-A Distribution Center

Pederson Logistics Center, built in 2023, is a premier Class-A distribution center spanning 343,760 SF on 22.75 acres. Designed with state-of-the-art features, it boasts 36-foot clear heights throughout, ESFR fire protection, cross-docked functionality, and high-quality finishes. This exceptional facility includes modern office spaces tailored for businesses seeking an optimal work environment.

Strategic Location and Connectivity

The Pederson Logistics Center in Katy, TX, offers unmatched access to the vibrant Houston industrial market. Strategically located near major transportation routes, this prime site ensures efficient movement of goods and seamless connectivity to key distribution networks. The proximity to West Ten Business Park and Mason Creek Business Center enhances the area’s industrial appeal, creating a robust network of diverse businesses and resources. Additionally, the property is close to essential amenities, including dining, accommodations, and retail options. The property’s visibility and access will be significantly enhanced with the Texas Department of Transportation’s $730 million contract to widen I-10 from Mason Road in Katy to FM 359 in Waller County. This strategic location ensures excellent visibility and accessibility, providing maximum exposure for tenants.

Execution and Commentary on the Acquisition

This deal was skillfully executed by Sealy & Company’s Regional Director, Mr. Derrick Jones, and Managing Director of Investment Services, Mr. Jason Gandy. Jones comments on the new acquisition, “We are proud to add Pederson Logistics Center to our portfolio, recognizing its immense potential for advancing our investment goals while further expanding our footprint in the Houston market. The property’s ideal location, which offers visibility, connectivity, and access to a growing population, will benefit tenants of Pederson Logistics.”

Nathan Wynne with CBRE represented the seller, Triten Real Estate Partners in this transaction.