STAG Industrial, Inc., a company focused on the acquisition, ownership, and management of single-tenant industrial properties throughout the United States, announced it has signed a 427,000 square foot lease of a warehouse and distribution property located in Sun Prairie, Wisconsin. This building was previously occupied by Famous Footwear until 2011. The new tenant has not been disclosed at this time, but has been described as a "major domestic catalog merchandising company" and the lease has a term of over ten years.
Blogger's Note: From our conversations with both brokers in this deal, I am confident that this user will be a great fit for the community. We are looking forward having the one of the largest warehousing spaces in Wisconsin occupied again. Its a great reminder to national companies and site selectors how great a location Sun Prairie is for distribution facilities.
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