Congratulations to our client, STAG Industrial Inc., on the acquisition of Birmingham, Alabama industrial complex
Sherin and Lodgen congratulates our client, STAG Industrial (“the Company”) on its purchase of an industrial complex in Birmingham, Alabama, from Hall Capital LLC. The Shades Creek Business Park property along Shannon Oxmoor Road comprises two buildings that total approximately 196,000 square feet and another building that spans approximately 100,000 square feet.
The Sherin and Lodgen team, which included partners Joshua M. Alper and Jennifer L. Ioli and associate, Daniel C. Johnston, represented the Company in its acquisition of the Birmingham asset.
STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of single-tenant, industrial properties throughout the United States. As of September 30, 2020, the Company’s portfolio consisted of 462 buildings in 38 states with approximately 92.3 million rentable square feet.