STAG Industrial, Inc. (STAG) said Monday that it has acquired a $9.1 million, about 409,600 square foot, warehouse and distribution facility consisting of four adjoining buildings located in Spartanburg, South Carolina.
The buildings are 100% leased to Louis Dreyfus Commodities Cotton Storage LLC, a subsidiary of Louis Dreyfus Commodities LLC, under a lease with approximately 4 years of remaining term. Louis Dreyfus Commodities Cotton Storage LLC is involved in the storage and distribution of agricultural cotton.
The acquisition brings STAG's total 2012 acquisition volume to about $47 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.