STAG Capital picks up flex space in Maryland
Building fully occupied at time of purchase
By Inman News, Thursday, October 18, 2007.STAG Capital Partners has purchased flex/R&D space in Sparks, Md., adding to its real estate portfolio.
The 34,000-square-foot property is situated on 3.5 acres of land at 15 Loveton Circle and was fully occupied by EA Engineering Science & Technology at the time of purchase.
The value of the deal was not disclosed.
EA Engineering is a private environmental testing company.
STAG Capital Partners is a real estate firm that acquires and manages single-tenant, net-leased properties throughout the United States.
Dennis Malone of Colliers Pinkard represented the seller, The Davos Group LLC, while STAG was represented in-house by Ted Norberg.
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