Harvest LLP’s Post

BLT Enterprises has acquired an incredible 92,073 square-foot #industrial warehouse property in #LasVegas, NV. As part of the deal, the property was leased back for a term of one year to the seller, a Fortune 500 food and beverage company, PepsiCo!      We are proactively marketing the property for lease as we await the end of the current lease term with PepsiCo. Once the lease term ends, BLT plans to implement strategic upgrades to the property with functional enhancements for a future tenant.     Sitting on 8.42 acres, this unique property is just two miles from the Las Vegas Strip. The infill location and low coverage makes it an ideal warehouse hub for servicing the multitude of businesses located on and around the Strip. BLT’s planned value-add improvements include upgrading onsite power and refurbishing the parking lot, which will help maximize the opportunity for outdoor storage.       We’re actively acquiring properties and always looking to expand our #industrial and #creativeoffice portfolio.    Have a property that might be a fit for us? Please contact BLT’s Vice President and Director of Acquisitions, Lukas Huberman at lukas@blt-enterprises.com       Read more about this acquisition in a recent story from Institute for Real Estate Operating Companies (iREOC) > https://lnkd.in/gMmXtK3J      #CommercialRealEstate #Acquisition #Partnership #Fortune500 #Nevada

Sealy & Company announces the acquisition of two Class-A distribution centers in the Memphis, TN market: 1660 Stateline Road E, Southaven, MS, and 12914 Stateline Road E, Olive Branch, MS, totaling 589,598 square feet. The strategic additions enhance our position in the vibrant Memphis industrial market, one of the leading logistics hubs in the country. Both properties boast modern industrial specifications, including rear-load configurations, 32-foot clear heights, expansive truck courts, and multi-tenant flexibility, ensuring they cater to the evolving needs of logistics and distribution operators. Located in the DeSoto Submarket, these facilities enjoy Memphis' exceptional connectivity to rail, air, and road systems, allowing 75% of the U.S. population to be reached within a two-day drive. "The acquisition of 1660 Stateline Road E and 12914 Stateline Road E reflects our disciplined approach to identifying value-added opportunities that generate strong returns for our investors while leveraging the strengths of the Memphis market," said Jason Gandy, Managing Director of Investment Services at Sealy & Company. This transaction was led by Sealy & Company's Investment Services team in collaboration with JLL's Matt Wirth. To learn more about our continued growth and strategic investments, please visit: https://lnkd.in/genYJUEV #IndustrialRealEstate #MemphisMarket #SealyAndCompany #Acquisition #InvestmentStrategy

Sealy & Company is proud to announce the acquisition of Strongsville Commerce Center, a premier 310,080 SF Class A logistics facility located in Strongsville, OH. The property boasts modern features such as 32’ clear heights, 130’ truck court depths, 60’ speed bays, and ESFR fire protection. This highly versatile facility is 100% leased to two tenants with long-term tenancy and includes ample auto parking with future trailer parking potential. “The exceptional access to major transportation infrastructure and deep labor pools in the southwest Cleveland submarket, along with strong institutional ownership and the modern vintage of Strongsville Commerce Center, are in perfect alignment with Sealy’s Portfolio By Design investment strategy,” stated Davis Gibbs, Director – Investment Services for Sealy & Company. This acquisition was executed in a direct transaction with Scannell Properties and led by Sealy & Company's Jason Gandy, Managing Director - Investment Services, and Davis Gibbs, Director - Investment Services. To learn more about this deal, please visit https://lnkd.in/gQNGSRXy #IndustrialRealEstate #ClevelandMarket #Sealy&Company #Acquisition #InvestmentStrategies

One Equity Partners, a private equity firm, completed the acquisition of Ballymore Safety Products, a material-handling equipment company, from Graycliff Partners LP, an investment firm. Financial terms were not disclosed. “Companies are increasingly looking for innovative technologies and solutions that ensure worker safety and enhance productivity. Ballymore has a longstanding reputation, developed organically and through strategic M&A, for developing and delivering high-quality and innovative workplace solutions. This investment exemplifies OEP’s focus on identifying strong businesses with significant growth potential that can serve as a platform for growth through transformational M&A,” Steve Lunau, One Equity Partners Partner. One Equity Partners (led by Mario Ancic) was advised by Stanton.  Graycliff Partners (led by Andrew Trigg and Duke Punhong) was advised by BlackArch Partners and Fairmount Partners.  Ballymore Safety Products was led by William Frame and Michael Caffrey, CPA, CFE. #MergersAcquisitionsDivestitures #Industrials #Machinery

HomeClub looks at hundreds of articles every day. We choose the best ones to share with our readers. This gives you a quick look at what's happening in the home improvement industry. The article below is one we picked. Strategic acquisitions in the building materials industry often signal market expansion and strengthened customer service. As reported by Roofing Contractor Magazine, Richards Building Supply Co.'s recent acquisition of Fond Du Lac Distributors Inc demonstrates this trend, expanding their presence in Wisconsin. This move not only enhances Richards' ability to serve contractors in the region but also preserves the family-owned legacy of both companies. By retaining the current leadership and integrating Fond du Lac Distributors into the Independent Distributor Alliance Corporation network, Richards aims to combine strengths, expand product offerings, and increase community engagement, showcasing the potential benefits of strategic partnerships in the construction supply sector. Read more: https://hghomeclub.com/ #BuildingMaterials #StrategicAcquisition #FamilyBusiness #ConstructionSupply #MarketExpansion #HGHomeclub Thomas Annen David Edwards Ron Guzior Clint Klepp

Atlanta-based Homrich Berg is acquiring WMS Partners, a $6.4 billion multi-family office and RIA in Maryland. This will boost the firm’s total assets under management above $24 billion.

HomeClub looks at hundreds of articles every day. We choose the best ones to share with our readers. This gives you a quick look at what's happening in the home improvement industry. The article below is one we picked. Cornerstone Building Brands' acquisition of Mueller Supply Company marks a significant strategic move in the exterior building products industry. As reported by Cornerstone Building Brands, this acquisition will substantially expand its presence in the high-growth residential metal roofing market across key Southwest regions. The deal not only doubles Cornerstone's retail branches but also enhances its manufacturing capacity and greenfield growth opportunities. Rose Lee, CEO of Cornerstone, emphasized the strategic fit and the potential for synergies between the two companies. This acquisition aligns with Cornerstone's vision to become a premier exterior building products company, leveraging Mueller's expertise and strong customer reputation to drive growth and innovation in the sector. Read more: https://lnkd.in/eX62xRqC Visit our website for more updates: https://hghomeclub.com/ #CornerstoneBuildingBrands #MuellerAcquisition #StrategicGrowth #BuildingProducts Paul Hernandez Matt Gibson

Operations Manager Leanne Boulding led the successful sale of Best Choice Direct, a Stoke-based wholesaler established by Martin Davey in 2010, who sought support from Knightsbridge for his retirement plans. After receiving two competitive offers, the team, with Regional Commercial Director Martin Baars, negotiated a substantial deal with Ashfaq and Arfat Khan. The Khan brothers, founders of the Khan Group of Companies, have a strong track record of acquisitions in the Stoke area. Their food distribution arm, Pentagon Food Group, will integrate Best Choice into its operations. Ashfaq praised Knightsbridge for their excellent communication and professionalism throughout the process. Find out more: https://lnkd.in/e62uu_G3 #UKBusinesses #BusinessSales #BusinessSalesAdvisor #MergersAndAcquisitions #Sales

Box acquired this 200,0000 SF purpose-built manufacturing facility fully leased to three tenants located in Knoxville, TN. Fulton Bellows, the anchor tenant, occupies the majority of the building with its manufacturing and distribution operations. Learn more: https://lnkd.in/ehgxfBgy #acquisition #industrialproperty #CRE #Tennessee #Knoxville #boxequities #industrialrealestate #CRE #commercialrealestate #warehousespace #industrialproperty #forlease #forsale #logistics #manufacturing #distribution #supplychain #industrialdevelopment #investmentproperty

🕰️ Stepping back in time at Arrabawn! 🕰️ Arrabawn Co-op is looking back on 2001, the year the biggest union in the evolution of our co-op took place. At the beginning of 2001, Nenagh Co-op and Mid West Co-op formalised a long-standing relationship and Arrabawn Co-op was formed. In the decade before 2001, both societies developed strong relationships with each other. In 1994, an agreement was reached for Mid West Co-op to supply three loads of skim milk per day to Nenagh during the 1994 season. The following year, the society supplied 10 million gallons and in 1996, it increased it to 14.2 million gallons. 🥛 The relationship continued to develop between the two societies each perceiving benefit for their operations and the price paid to suppliers. In 1999, an agreement was made for the supply by Mid West of all skim milk and buttermilk to Nenagh for three years. By the end of the decade, discussions regarding a merger of the two societies were underway.  🤝  In 2000, these discussions were advanced by a steering committee under the chairmanship of John Tyrrell, Director General, ICOS. By the end of 2000, Special General Meetings of shareholders of both societies has voted overwhelmingly in favour of a merger. The 309 shareholders who attended the Mid-West meeting in Kilconnell voted 83.8% in favour, while 652 shareholders who attended the Nenagh meeting voted 99.6% in favour. On 3rd January 2001, shareholder approval for the merger was confirmed at a meeting held by each society. The new Arrabawn Co-op was formally registered at the end of February. 🐄 Richard Tobin, Chairman of Nenagh Co-op said he was ‘very pleased with the positive outcome of the vote and looked forward to working towards putting the plans and visions of the new society into practice’. The first meeting of the newly formed Arrabawn Co-operative Society Ltd was held at the Shannon Oaks Hotel, Portumna on Thursday, April 19th, 2001. The picture below shows the newly appointed Board of Arrabawn, following the merger of Nenagh Co-op and Mid West Co-op in 2001. #Arrabawncoop #Historyofarrabawn #throwbackthursday #Irishdairy