Inman

STAG Capital picks up flex space in Maryland

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.