STAG Industrial Management LLC acquired the Huntington Building at 14399 Huntington Ave. in Savage, MN from Meritex Enterprises, Inc. for $9.3 million, or about $38 per square foot.

The single-story, 244,050-square-foot warehouse was built in 1988 on 12.6 acres in the Southwest Industrial submarket of Scott County.

The deal was a private off-market transaction, and had not been listed for sale on the market. This was a cash transaction, which…

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