Today, we honor the legacy of Dr. Martin Luther King Jr. and his unwavering dedication to justice, equality, and unity. May his dream continue to inspire us future generations of Americans.
This week Sago closed on the acquisition of a 74,764 sf industrial property in Bryan, Texas. Sago simultaneously entered into a long term lease for 100% of the asset with CC Creations, one of the nation's largest custom screen printing and embroidery companies.
Sago Capital believes in supporting communities where we do business. So we're a proud annual sponsor of the College Station ISD Education Foundation. Last week Barry Moore was able to present three grant awards to deserving students and teachers at Oakwood Intermediate School.
Today, we honor the courage, sacrifice, and dedication of our nationโs veterans. At Sago Capital, we are deeply grateful for the men and women who have served and continue to serve our country with unwavering commitment. #ThankYouVeterans ๐บ๐ธ
Sago Capital recently acquired a five-building industrial park in the Augusta submarket of Wichita, Kansas. The 116,000 sf property is fully occupied by VSE Corporation (NASDAQ: VSEC) a leading provider of aviation parts and repair services.
Sago welcomes Jorge Cantu as an additional market research intern this semester. Jorge is a graduate of Baylor University and a student in the Master of Real Estate program at Texas A&M University.
Sago is pleased to announce the sale of 5609 Departure Drive following an aggressive purchase offer from a prospective tenant. We acquired this asset just 13 months ago. This marks the third full cycle deal for Sago since the firm's formation in 2020. Congrats to all involved.
Congrats again to our own Seth McKinney on his induction to the A&M Athletics Hall of Fame this evening at the 2024 Burgess Banquet at the Hall of Champions. This is a well deserved honor for one of the best to ever play on Kyle Field.
We are pleased to announce that Frank Wallace has joined Sago Capital as Chief Operating Officer. Frank joins us from Houston with nearly a decade of real estate experience. He will manage the day to day operations of the firm, and we're looking forward to working with him.
The Texas A&M Lettermanโs Association announced the Class of 2024 inductees to the Texas A&M Athletics Hall of Fame including @sethmckinney. Seth played football at Texas A&M where he was a two-time All-American center and started 50 consecutive games. Congratulations Seth!
Sago is very pleased to announce the sale of 2740 Gray Fox Road. The Sago team acquired this asset only 15 months ago and quickly executed on a successful value add strategy. This marks the second full cycle deal for Sago and further confirmation of its investment thesis.