STAG Capital Partners purchased a 450,000-square-foot industrial building in Graniteville, S.C., for an undisclosed price.
The subject property is a class A warehouse/distribution facility located on 30 acres at 1043 Global Avenue in the Sage Mill Industrial Park.
At the time of sale, the building was 100 percent leased to Kimberly-Clark Corp., a manufacturer of health and hygiene products, including Kleenex, Cottonelle, Scott, Huggies and Pull-Ups.
Standard Properties LLC sold the property, which is STAG’s fourth acquisition in the state.
STAG Capital Partners actively acquires single-tenant, net-leased properties, which include warehouse, flex, manufacturing and office buildings.