MEBANE, NC-STAG Industrial, Inc., a real estate investment trust based in Boston has bought two buildings in Mebane and one in Dallas, Georgia, for a combined $19.8 million. The three industrial buildings total 518,838 square feet.
The buildings comprise two distribution and warehouse buildings and one light manufacturing facility. They are 100% leased to a global manufacturer of foam insulation, Armacell LLC. STAG Industrial declined to reveal the identity of the seller. For the full story, go to Business Journal Serving The Greater Triad Area .
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