Inman

STAG Capital gains warehouse in sale-leaseback

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.