Thursday, August 2, 2012

STAG Industrial, Inc. Announces Acquisition of a $11.3 Million Warehouse and Distribution Facility in Atlanta, GA



BOSTON, MA /PRNewswire/ -- STAG Industrial, Inc. (NYSE:STAG) announces the acquisition of an approximately $11.3 million, 407,981 square foot, warehouse and distribution facility located in Atlanta, Georgia.

The building is 100% leased to Empire Distributors, Inc. with a remaining lease of 9 years. 

Empire Distributors, Inc. engages in the wholesale alcoholic beverage distribution business in the Southeast United States. 

Empire distributes wines, spirits, beer, and non-alcoholic beverages in the states of Georgia, North Carolina, and Tennessee.  This property serves as the company's headquarters facility and the main distribution point for the state of Georgia.

This acquisition brings STAG's total 2012 acquisition volume to approximately $130 million.

For a complete copy of the company’s news release, please contact:

 Gregory W. Sullivan,
Chief Financial Officer,
STAG Industrial, Inc.,
+1-617-226-4987,

No comments: