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New York REIT buys Stanley Black & Decker distribution centerNew York REIT buys Stanley Black & Decker distribution centerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=246252020-07-21T05:00:00Z2020-07-21T15:00:00Z

​​NORTHLAKE – New York City-based REIT Lexington Realty Trust has purchased Stanley Black & Decker's Al​​​liance Texas distribution center for $83.5 million.

The 1.2 million-sf building at 8601 E. Sam Lee Lane was sold by developer Hillw​ood. The sale closed in February. 

Stanley Black & Decker moved into the facility in 2019.​

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