STAG Industrial completed the acquisition of five warehouse buildings in the Chicagoland area for a total of $74 million. These properties encompass 726,000 square feet and are located in DuPage and Will counties.
This strategic investment expands STAG's presence in a critical industrial market. The acquisition aligns with the company's focus on diversifying its portfolio across key U.S. industrial hubs.
The addition of these assets contributes to STAG's overall growth strategy. This transaction underscores the company's continued activity in the acquisition market, targeting properties that enhance its industrial footprint.
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