2016

On March 2, 2016, Sterling Office and Industrial Trust was formed to invest primarily in a diversified portfolio of freestanding, single or multi-tenant office and industrial properties net leased to creditworthy tenants and other real estate related assets located primarily in the central corridor of the contiguous forty-eight (48) states.

 


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2016

Sterling Office and Industrial Trust makes its first purchase, two office/industrial buildings located in Fergus Falls, MN for a total purchase price of $5,100,000 on April 26, 2016.

 




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ShoreMaster, Fergus Falls, MN







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Little Potato Company, DeForest, WI

2016

Sterling Office and Industrial Trust purchases The Little Potato Company building located in DeForest, Wisconsin for a total purchase price of $16,550,000 on December 21, 2016.  This marks the single largest purchase since the Trust's formation. 







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