STAG Capital Partners recently purchased a 198,400-square-foot warehouse/distribution facility in Rock Hill, S.C., which marks the company’s third acquisition in the state.
The value of the transaction was not disclosed.
The building, located on 14.8 acres at 700 Marine Drive, also known as 127 Catawba South Drive, is master leased to USC Solutions on a 10-year, triple net term. USC Solutions provides repackaging, distribution and logistical solutions to Fortune 500 companies such as Kraft, Con-Agra, Unilever, Coty, Welch Foods and Black and Decker.
The seller’s identity was not disclosed.
STAG Capital Partners actively acquires single-tenant, net-leased properties, which include warehouse, flex, manufacturing and office buildings.