May
07

STAG Industrial Signs 474,000 sf Lease Near Spartanburg, SC

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stag industrialSTAG Industrial, Inc., a real estate investment trust (REIT) focused on the acquisition and operation of single-tenant, industrial properties throughout the United States, announced today that it has signed a new lease for 474,000 square feet in a distribution warehouse building located in Duncan, South Carolina. The lease includes a 300,000 square foot renewal and a 174,000 square foot expansion of a pharmaceutical manufacturer and has a term of more than seven years.

The Company will provide further detail on the leases signed in the month and quarter in its regular, monthly acquisition and leasing press releases and in its quarterly and annual earnings press releases and forms 10-Q and 10-K.

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