STAG Capital Partners this week announced a large industrial purchase in Seville, Ohio, that included a leaseback with the seller.
An affiliate of Ohio Wholesale Inc. — the current tenant — sold the two warehouse facilities at 5160 and 5180 Greenwich Road for an undisclosed price.
Ohio Wholesale, which distributes decorative and functional giftware to retailers nationwide, leased back the 345,000-square-foot property on a 15-year term. The tenant wholly occupies both buildings, which sit on 27 acres.
***
What’s your opinion? Send your Letter to the Editor to opinion@inman.com.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!