STAG Industrial Inc., a real estate investment trust (REIT) based in Boston, recently signed a logistics tenant at a warehouse-distribution building in Duncan, South Carolina.
The two-year, 154,000-square-foot lease was signed by an unnamed third-party logistics company.
STAG's focus is on purchasing and operating single-tenant industrial properties. Presently, the company manages 282 properties — with a total rentable space of more than 52 million square feet — located throughout 38 states.
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