STAG Capital Partners recently purchased a 148,298-square-foot manufacturing and office facility in Tavares, Fla., as part of a 10-year sale-leaseback transaction.
Neither the value of the transaction nor the seller’s identity was disclosed.
The building, which was 100 percent occupied by a private equity-sponsored industrial manufacturer at the time of sale, sits on 8.72 acres of land.
STAG Capital Partners actively acquires warehouse, flex, manufacturing and office buildings.