STAG Industrial Acquires Industrial Property In Sterling, MA For $13.34M

STAG Industrial has acquired an industrial property located at 15 Chocksett Rd in Sterling, MA. The property, with a total area of 119,056 square feet, was sold by Lowfield Realty Group. The transaction was facilitated by CBRE's brokers, Scott Dragos, Doug Jacoby, Chris Skeffington, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines. The sale price for the property was $13,340,000, resulting in a price per square foot of $112.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,340,000
• Address: 15 Chocksett Rd, Sterling, MA
• Market: Sterling, MA

The acquisition of the industrial property by STAG Industrial reflects their strategic investment in the Sterling, MA market. The involvement of CBRE's brokers showcases their expertise in facilitating successful real estate transactions.