STAG Capital gains warehouse in sale-leaseback
Luxury appliance maker to maintain occupancy
By Inman News, Wednesday, October 3, 2007.STAG Capital Partners this week announced the purchase of a 117,564-square-foot warehouse/office facility in Milwaukee, Wis., as part of a sale-leaseback transaction with refrigerator maker U-Line Corp.
The value of the transaction was not disclosed.
The subject property is situated on 3.85 acres at 8900 North 55th St. and was fully leased to U-Line Corp., which produces stand-alone and under-counter refrigerators and freezer appliances for the high-end residential marketplace.
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