Colliers Facilitates Industrial Transaction for Staples, Inc.
221,315 Square-Foot Investment Sale for $9M

September,  2017  [Philadelphia, PA] - Colliers International in Philadelphia was retained by Staples, Inc. to market for sale a 221,315 SF warehouse building in Central PA. The property located in the Lebanon Valley Business Park at 1 Keystone Drive in Lebanon, PA was sold to STAG Industrial for $9 million.

The Colliers team of Carl Neilson, Robert Steinhart, Mark Chubb, Michael Zerbe facilitated this transaction.

About Staples, Inc.: Staples (NASDAQ: SPLS) brings technology and people together in innovative ways to consistently deliver products, services and expertise that elevate and delight customers. Staples is in business with businesses and is passionate about helping businesses work better. Headquartered outside of Boston, Mass., Staples, Inc. operates primarily in North America. More information about Staples is available at www.staples.com