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Stag Industrial Snaps Up Fully Leased Stafford Commerce Center

Blag Flag Properties Sells 68,000-SF Distribution Warehouse in Suburban Houston
January 23, 2018
Stag Industrial (NYSE: STAG) a real estate investment trust out of Boston that owns and operates single-tenant industrial properties nationwide, has acquired the Stafford Commerce Center in Stafford, TX from Black Flag Properties. Terms of the deal were not disclosed.

Stafford Commerce is a 68,300-square-foot industrial distribution warehouse fully leased to Quest Design and Fabrication.

Completed in 2016, the facility is located at 13720 Stafford Rd. in southwest Houston's Hwy 59/Hwy 90 (Alt) Industrial submarket, and features 24-foot clear heights, a 130-foot truck court, 8,548 square feet of office space and 14 dock-high loading doors.

Trent Agnew, Rusty Tamlyn and Charles Strauss of HFF's investment advisory team represented the seller in negotiations.

Please see CoStar COMP #4113042 for more information on this transaction.
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