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BOSTON-Continuing its global buying spree of single-tenant net leased properties, STAG Capital Partners has completed two separate property deals in Boardman and Twinsburg, OH. The firm paid $7.8 million for a 121,000-sf manufacturing and warehouse building at 7790 Bavaria Rd. in Twinsburg, OH, while a two-building complex in Boardman totaling 277,000 sf traded for $6.5 million.

In the Twinsburg transaction, STAG secured a 17-year sale-leaseback with Atlas, a metal processing company that services a variety of applications and industries. Bill Vogelgesang of Candlewood Partners represented the seller in the negotiations. Calls to Vogelgesang and STAG officials at its Downtown Boston headquarters were not retuned by press deadline.

The parties involved also did not respond to the Boardman acquisitions, in which STAG bought 365 McClurg Rd. and 8401 Southern Blvd. from Puma Investments. Brian Lehner of Realty Solutions represented the seller, while Eric Cooper of Southpace Properties was agent for STAG.

STAG purchased both Ohio portfolios on behalf of Fund III, which now has more than 50 assets and seven million sf in 22 states under its control. That investment vehicle and others sponsored by STAG has given the company a portfolio extending across the US as well as Europe. In Ohio, the firm owns properties in such markets as Akron, Maimisburg and Canton, in the latter case having last month bought a 446,000-sf office and warehouse facility at 818 Mulberry St., a deal reported in GlobeSt.com on Nov. 5th.

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