Workflow
STAG INDUSTRIAL COMPLETES SALE OF 337,000 SQUARE FOOT BUILDING LOCATED IN NASHUA, NEW HAMPSHIRE
STAGSTAG Industrial(STAG) Prnewswire·2025-02-03 21:06

BOSTON, Feb. 3, 2025 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced it has completed the sale of a building in Nashua, New Hampshire on January 31st for gross proceeds of 67.0million,representingaCashCapitalizationRateof4.967.0 million, representing a Cash Capitalization Rate of 4.9%.The 337,391 square foot building was acquired in 2014 at an 8.2% Cash Capitalization Rate for a purchase price of approximately 11.7 million. The sale resulted in a 20.8% unlevered internal rate of return over the hold period."The significant ...