83 Stults is a 367,000 square foot industrial building served by a private rail spur that was acquired in 2017. The building was purchased with a redevelopment strategy that included a roof raise and new roof, new exterior cladding, upgraded sprinklers, modernized HVAC and new loading areas. Upon completion of renovations, the project obtained a long term lease tenant and was later sold in 2019.
The acquisition included 20 acres of additional land that was subdivided to develop a brand new, state of the art 200,000 square foot industrial building.
