STAG Capital lands manufacturing facility

Sinks money into Florida asset

Inman News®

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.

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