STAG Capital Partners purchased a 618,358-square-foot warehouse and distribution facility in Jefferson, Wis.
The value of the transaction was more than $16 million.
The building was fully occupied at the time of sale by Briggs & Stratton, a producer of air-cooled gasoline engines for outdoor power equipment.
The identity of the seller was not disclosed.
STAG Capital Partners actively acquires single-tenant, net-leased properties, which include warehouse, flex, manufacturing and office buildings.
***
What’s your opinion? Send your Letter to the Editor to opinion@inman.com.
