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STAG Industrial REIT Acquires Tesco Controls Plant Southeast of Sacramento

The $17.7 Million Deal Is More Than Double What Tesco Paid for the Property 13 Years Ago
Tesco Controls leases the entire 130,158-square-foot plant in Florin, California. (CoStar)
Tesco Controls leases the entire 130,158-square-foot plant in Florin, California. (CoStar)
By John Bray
January 24, 2022 | 6:37 P.M.

STAG Industrial, a real estate investment trust based in Boston, has acquired a manufacturing facility in Florin, California, for 108% more than it sold for 13 years ago.

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