BOSTON, MA /PRNewswire/ -- STAG Industrial, Inc. (NYSE:STAG) announces the acquisition of an approximately $5.6 million, 185,570 square foot, warehouse and distribution facility located in Huntersville, North Carolina.The building is 100% leased to Performance Team Freight Systems, Inc. with a remaining lease term of approximately 4 years.
Performance is a provider of supply chain logistics as well as transportation, trucking, distribution, deconsolidation, and logistics services in the United States.
This facility is used to service the distribution and warehousing needs of Positec USA Inc., in which Performance has a partnership. Positec manufactures and markets electronic and battery-powered outdoor tools including power tools and lawn and garden equipment.
This acquisition brings STAG's total 2012 acquisition volume to approximately $136 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:
Post a Comment