Contact: Kelly Chase
(617) 226-4987
 STAG Capital Partners, a real estate firm that pro-actively acquires and manages single-tenant industrial and office properties throughout the United States, today announced the purchase of a 250,000-square-foot, fully-leased industrial building in Rural Hall, North Carolina.
The property, located at 300 Forum Parkway on a 17.44-acre site, was sold by Highwood Limited Partnership. The Seller was represented by John Schultz and Hap Royster from Triad Commercial Properties. The purchase price was not disclosed.
Built in 1993, the building is fully leased to Sonoco Products Company, which provides industrial and consumer packaging products, and packaging services worldwide.
STAG Capital Partners actively acquires single-tenant industrial and office 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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