STAG Capital Partners purchased a 618,358-square-foot warehouse and distribution facility in Jefferson, Wis.

The value of the transaction was more than $16 million.

The building was fully occupied at the time of sale by Briggs & Stratton, a producer of air-cooled gasoline engines for outdoor power equipment.

The identity of the seller was not disclosed.

STAG Capital Partners actively acquires single-tenant, net-leased properties, which include warehouse, flex, manufacturing and office buildings.

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