STAG BUYS $6.6M WAREHOUSE AND DISTRIBUTION FACILITY

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LANSING, MICH. — Stag Industrial Inc. has acquired a warehouse and distribution facility in Lansing for $6.6 million. The 129,325-square-foot building was constructed in 2002 and renovated in 2008. The facility is fully leased to Joseph T. Ryerson & Son, a subsidiary of Ryerson Inc. The company processes and distributes metals such as carbon steel and aluminum products. Joseph T. Ryerson & Son has 7 years remaining on its lease.

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