STAG Industrial announced the completion of the sale of a 337,391 square foot building in Nashua, New Hampshire, on January 31, 2025. The transaction generated gross proceeds of $67.0 million.
The property was originally acquired in 2014 for approximately $11.7 million at an 8.2% Cash Capitalization Rate. The sale was executed at a 4.9% Cash Capitalization Rate, resulting in a 20.8% unlevered internal rate of return over the holding period.
This disposition exemplifies STAG's strategy of accretively recycling capital, realizing significant value from its portfolio. The proceeds from this sale provide capital flexibility for future acquisitions and development opportunities.
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