STAG 📈 STAG Industrial - Overview

STAG Industrial Inc is a real estate investment trust (REIT) that focuses on acquiring, owning, and operating industrial properties across the United States. The company's platform is built to identify properties that offer relative value in top-tier industrial real estate markets, industries, and tenants, using a proprietary risk assessment model. This approach enables STAG Industrial to provide growth through sophisticated industrial operations and an attractive opportunity set, while also capitalizing its business appropriately given the characteristics of its assets.

The company's operations are designed to maintain its qualification as a REIT under the Internal Revenue Code, which allows it to avoid federal income tax on its distributed income. As a result, STAG Industrial is able to provide its stockholders with a regular stream of income, while also reinvesting a portion of its earnings to drive growth. The company is still subject to state and local taxes on its income and property, as well as U.S. federal income and excise taxes on its undistributed income. With a diverse portfolio of 569 buildings across 41 states, totaling approximately 112.3 million rentable square feet, STAG Industrial has established itself as a significant player in the industrial real estate market.

STAG Industrial's portfolio is comprised of a range of industrial properties, including warehouse and distribution buildings, light manufacturing facilities, and flex/office buildings. The company also has a growing number of multi-tenant properties, in addition to its single-tenant properties. As of December 31, 2023, the company's buildings were approximately 98.2% leased, with a diverse mix of tenants across various industries. This diversification helps to limit the company's exposure to any single tenant or industry, reducing its risk profile. With a strong focus on operational efficiency and a commitment to providing high-quality industrial space, STAG Industrial is well-positioned to continue driving growth and delivering value to its stockholders.

STAG Industrial's investment strategy is centered on identifying opportunities to acquire high-quality industrial properties at attractive prices, and then leveraging its operational expertise to drive growth and increase value. The company's development projects, which include six ongoing initiatives as of December 31, 2023, are designed to create additional value for stockholders by developing new industrial properties that meet the evolving needs of tenants. With its strong balance sheet, diversified portfolio, and experienced management team, STAG Industrial is well-equipped to navigate the complexities of the industrial real estate market and deliver long-term value to its stockholders. For more information, visit the company's website at https://www.stagindustrial.com.