Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


STAG Industrial - STAG - Acquisition of Warehouse and Distribution Facility

Friday, November 30, 2012 11:54 AM
STAG Industrial, Inc. (NYSE: STAG) announces the acquisition of a warehouse and distribution facility containing a total of 357,673 square feet for approximately $16.2 million located in Harrisonburg, Virginia. The building is 100% leased to Plygem Holdings, Inc. with a remaining lease term of over 5 years.  Ply Gem Holdings, Inc., together with its subsidiaries, manufactures and sells residential and commercial exterior building products primarily in the United States and Canada.  The company distributes siding and siding accessories from this facility. This acquisition brings STAG's total 2012 acquisition volume to over $372 million. About STAG Industrial, Inc. - STAG STAG Industrial, Inc. (STAG) is a fully integrated, full service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States. STAG's portfolio consists of 168 properties in 31 states with approximately 28.5 million rentable square feet. STAG is a real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States. The Company owns its interests in all of its properties and conducts substantially all of its business through its operating partnership, STAG Industrial Operating Partnership, L.P. In August 2012, it acquired 407,981 square foot, warehouse and distribution facility located in Atlanta, Georgia. In September 2012, it acquired three industrial buildings containing a total of 518,838 square feet, and a 200,000 square foot warehouse and distribution facility located near Green Bay Wisconsin. In September 2012, it acquired two warehouse and distribution facilities containing a total of 787,380 square feet. In October 2012, it acquired a portfolio of 31 primarily single tenant industrial buildings. In November 2012, acquired a warehouse and distribution facility and a light manufacturing and warehouse facility.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

U.S. federal prosecutors questioning GM lawyers on vehicle recalls: sourceU.S. federal prosecutors questioning GM lawyers on vehicle recalls: source
(Reuters) - U.S. federal prosecutors have learned that lawyers for General Motors Co were present at key meetings during which information about problems with some of its vehicles were discussed, a ...
Citigroup facing restrictions on sales of hedge fund investments: WSJCitigroup facing restrictions on sales of hedge fund investments: WSJ
(Reuters) - Citigroup Inc has been sending hedge fund firms letters informing them that it cannot sell investments in hedge funds and private-equity funds to clients after a deal with the Securities a...
Asian shares hitch a ride on Wall Street's recordAsian shares hitch a ride on Wall Street's record
TOKYO (Reuters) - An index of Asian shares neared a six-and-half-year peak on Friday and was poised for a weekly gain, after upbeat U.S. economic data sparked another record close on Wall Street. ...
Business leaders to speak against Scottish independence: TelegraphBusiness leaders to speak against Scottish independence: Telegraph
(Reuters) - More than 100 business leaders in the United Kingdom with operations in Scotland are planning to speak out against independence in a united statement, British newspaper the Telegraph repor...
Dollar rally pauses as Jackson Hole takes center stageDollar rally pauses as Jackson Hole takes center stage
SINGAPORE/SYDNEY (Reuters) - The dollar hovered just below its 2014 peak against a basket of major currencies on Friday, with bulls turning cautious ahead of a speech by Federal Reserve Chair Janet ...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.