BOSTON, Aug. 27, 2012 /PRNewswire/ -- STAG Industrial, Inc. (NYSE:STAG) announces the acquisition of two industrial buildings for approximately $9.2 million containing a total of 411,994 square feet.
The buildings are located in Simpsonville, South Carolina and are primarily leased to Lanxess Corporation with over 4 years of remaining lease term.
Lanxess Corporation develops, manufactures, and markets chemicals, synthetic rubber, and plastics to the automotive, plastics manufacturing, construction, and sports industries.
This acquisition brings STAG's total 2012 acquisition volume to approximately $145 million.
Contact::
Gregory W. Sullivan,
Chief Financial Officer,
STAG Industrial, Inc.,
+1-617-226-4987,
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