GAHANNA, OH-Boston-based Stag Industrial Inc. has entered into the Columbus market with the acquisition of a distribution center in Gahanna. The company has acquired the 380,000-square-foot warehouse at 1120 Morrison Road from Clinton, Tennessee-based Hollingsworth Capital Partners for $7.8 million.
The distribution center is fully leased to the Arrow-Intechra LCC unit of Arrow Electronics Inc. Hollingsworth Capital bought the Gahanna warehouse in 2006. Cassidy Turley's Rick Trott marketed the property with an agent of Jones Lang LaSalle. For the full story, go to Columbus Business First .
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