October 18, 2018
Boston-based STAG Industrial, Inc. acquired a 478,744 square-foot asset in Lebanon, IN from an entity related to Purity Wholesale Grocers. The Class A distribution facility is located at 100 Purity Dr., and has served as Purity Wholesale Grocers’ distribution center.
Constructed in 2013, the facility offers institutional-quality specifications, including ample loading with the ability to expand, trailer storage and staging for more than 100 trailers, 140 truck courts and a 32-foot clear heights. The facility serves as the company’s primary distribution center. Purity Wholesale Grocers also distributes grocery and general merchandise nationally from distribution centers in California and New Jersey.
NAI Hiffman’s Industrial Capital Markets team of Ted Staszak, Patrick Sullivan and Ryan Chambers represented ownership.
For comments, questions or concerns, please contact Dennis Kaiser