STAG Industrial acquires two industrial facilities for approximately $13.4M

theflyonthewall.com

STAG Industrial announced the acquisition of a warehouse and distribution facility containing a total of 217,000 square feet located in Springfield, Massachusetts and a light manufacturing and warehouse facility containing a total of 108,000 square feet located in Sterling Heights, Michigan. The properties were acquired in two separate transactions for a total of approximately $13.4M. The building in Springfield, Massachusetts is 100% leased to Big Y Foods. The building located in Sterling Heights, Michigan is 100% leased to Sodecia North America.

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