The 225 acres are zoned for both heavy and light industrial uses.

STAG is looking into expanding the property this summer to include an additional 100,000 square feet.

"We are going to close $1 billion worth of new ground-up development in 2019.,so it's a mission-critical year."

"After running a competitive bid process, we were able to procure an out-of-state fund buyer that was drawn to this portfolio for two reasons: the strong growth of the tenant, and the alignment with its social-impact investment strategy."

The investment vehicle produces positive social impact in communities as well as consistent cash flow.

"We see the Cleveland office market remaining fairly flat this year."

The industrial site is expected to be a boon to the southeastern Wisconsin economy.

Tegus will move its 45 employees into the new, high-end technology space at the beginning of April.