STAG Industrial, Inc. company profile

Overview

STAG Industrial, Inc. is a U.S. real estate investment trust focused on acquiring, owning, developing, and operating industrial properties across the United States. Its mission is to deliver attractive long-term stockholder returns by growing cash flow through disciplined investment in high-quality real estate while maintaining a strong balance sheet.[1][2]

As of June 30, 2026, the company’s portfolio comprised 606 buildings totaling approximately 122.6 million square feet across 41 states.[3][4] For scale, STAG reported 2025 total operating revenue of approximately $845.2 million.[5] [1]

Products & services

STAG Industrial offers warehouse, distribution, and light-manufacturing space for lease. Its portfolio spans Class A and B industrial properties and includes occupied, partly vacant, and vacant buildings; as of June 30, 2026, it comprised 606 buildings totaling 122.6 million square feet.[6][7]

Buildings vary in size and specifications rather than following one standard design. For example, a 2025-acquired warehouse in Humble, Texas, offers 462,250 square feet, 36-foot clear heights, 84 dock doors, four drive-in doors, and 17,984 square feet of office space. A separate two-building logistics center acquisition totaled 552,240 square feet, with 32-foot clear heights and different dock-door counts by building.[8][9]

Services and tenant solutions include property and asset management, leasing, building expansions, build-to-suit construction, sale-leasebacks, and sustainability upgrades.[10][11] Most tenants have triple-net leases, with tenants responsible for building-related costs and obligations.[12] STAG reports one operating segment, with revenue derived from rent; it does not separately report revenue by warehouse, distribution, or manufacturing use.[13] [6]

Geographic presence

STAG Industrial’s property operations are in the United States. As of June 30, 2026, its portfolio comprised 606 buildings totaling 122.6 million square feet across 41 states.[3] The company’s reported market-level rental-revenue data identify Chicago as its largest listed market, followed by Greenville, South Carolina, Minneapolis, Columbus, and Detroit.[14]

STAG’s principal executive office is in Boston, Massachusetts; the company also lists an office in Dallas, Texas.[15] [14]

Business segments

STAG Industrial, Inc. reports one operating and reportable segment: real estate operations. The segment’s focus is acquiring and operating industrial properties, individually or in small portfolios, in CBRE-EA Tier 1 U.S. industrial markets.[16]

The company manages its operations on an aggregated, single-segment basis; substantially all consolidated revenue, expenses, and assets are attributable to that segment. Accordingly, the real estate operations segment represents approximately 100% of reported revenue, with no other separately reported business segments.[13][16] The latest available filing identified in this research is the 2026 second-quarter Form 10-Q, for the quarter ended June 30, 2026.[13] [16][13]

Company history

STAG Industrial was formed in Maryland on July 21, 2010, and began operations after completing its initial public offering and related formation transactions on April 20, 2011; its common shares began trading on the New York Stock Exchange.[17][18]

The company expanded substantially in its first decade: its portfolio grew from 93 properties totaling 14.2 million square feet around its IPO to 501 buildings and approximately 100.1 million rentable square feet by June 30, 2021.[19][20] On July 1, 2022, William R. Crooker became chief executive officer, while founder-era CEO Benjamin S. Butcher became executive chair.[21] [17]

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STAG Industrial, Inc.