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Contact:
Karen Carpi
Marketing Coordinator
(617) 574-4777
 BOSTON, MA, February 6th, 2008 - STAG Capital Partners, a real estate firm that pro-actively acquires and manages net-leased properties throughout the United States, is pleased to announce it has purchased 172,170 square feet of manufacturing, warehouse, and office space located in Alexandria, Minnesota, as part of a sale-leaseback transaction with Pro Mach, Inc.
The subject property is located at 4750 County Road 13 NE and is fully leased to Brenton Engineering, a division of Pro Mach, Inc., one of North America’s largest providers of packaging line products and solutions.
Pollina Corporate Real Estate represented the seller, Pro Mach, Inc. while STAG was represented by Tom Wagener of Wagener Commercial Realty and in-house by Brad Sweeney and Josh Plosker.
STAG Capital Partners actively acquires single-tenant, net leased properties via 3rd party transactions and corporate sale-leasebacks to add to its existing portfolio of real estate assets. Tenants in these properties have included private equity sponsored companies and both investment and sub-investment grade corporations. Property types include warehouse, flex, manufacturing, and office buildings.
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