Tuesday, September 16, 2008

STAG Capital Partners Acquires 427,000 SF in Sun Prairie, Wisconsin (Boston Real Estate News)

BOSTON, MA—STAG Capital Partners, a real estate firm that pro-actively acquires and manages single-tenant industrial and office properties throughout the United States, announced the purchase of 427,000 square feet of industrial space in Sun Prairie, Wisconsin.

Built in 1989 and renovated in 1993, the 427,000-square-foot property is located at 1615 Commerce Drive on a 24.7-acre site in the Sun Prairie Business Park within the Dane East Industrial sub-market of Madison, Wisconsin. The building, with 360 parking spaces and 21 dock doors, is fully leased to Famous Footwear, the largest segment of Brown Shoe Company, a distributor and retailer of branded, licensed, and private-label casual, athletic, and dress footwear products to women, children, and men in the United States, Canada, China, and internationally.

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