Lexington gains 50,000 square feet

Lexington Corporate Properties Trust acquired an approximately 50,000-square-foot office facility in Charleston, S.C., for a purchase price of nearly $10.5 million.

The facility is a single-story building located on a 4.8-acre site. At the time of sale, the property was net-leased to Hagemeyer North America Inc. through July 8, 2020.

The seller's identity was not disclosed.

Lexington is a real estate investment trust that owns and manages office, industrial and retail properties nationwide.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.