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.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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