Stoic Equity Partners is continuing to expand its footprint in the Southeast – this time with a Tallahassee, Florida industrial purchase.
Woodlane Circle Commerce Park spans 48,750 square feet and is designed for multiple tenants. It features 19 units.
Stoic said in a statement that the leases at the property are priced 30 percent under market value – but it sees the asset producing "strong returns" in the future.
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