Sealy Real Estate Services Announces the Sale of 226,000 SF Shreveport, LA Facility to Lubrication Technologies
Sealy Real Estate Services, a division of Sealy & Company, announces that it has brokered the sale of a 226,000 square foot industrial facility located at 7699 West Bert Kouns Industrial Loop in Shreveport, Louisiana to LAMN, L.L.C., an affiliate of Lubrication Technologies, Inc. (Lube-Tech).Beth F. King, SIOR an Associate Broker and Mark. P. Sealy, President of Sealy Real Estate Services represented the seller Sealy Industrial Loop Partners, L.P. in this sale. “Lube-Tech’s investment in the Shreveport market along with providing quality local jobs is a win for Shreveport’s economy” stated Beth F. King, SIOR.Lube-Tech is a market leader in resources for advanced lubrication and energy solutions. The new Shreveport facility will manufacture, package and distribute specialty lubricants globally. Lube-Tech purchased the manufacturing facility for $7.2 Million.