STAG Industrial Inc. is a real estate investment trust (REIT) that focuses on acquiring, owning, and operating single-tenant industrial properties throughout the United States. The company's portfolio includes warehouse, distribution, and light manufacturing properties that cater to a diverse range of tenants across various industries. STAG Industrial is listed on the New York Stock Exchange (NYSE) under the ticker symbol "STAG."
STAG Industrial was founded in 2010 by Benjamin S. Butcher, who served as the company's CEO until 2020. The company was established with the goal of capitalizing on the opportunities in the industrial real estate sector, driven by the increasing demand for modern and efficient distribution facilities due to the growth of e-commerce and supply chain logistics.
The company follows an asset management strategy focused on acquiring and managing properties with long-term net leases. STAG Industrial typically targets properties that are critical to the operations of its tenants and are strategically located in key logistics and industrial markets across the country. These properties are often in close proximity to major transportation hubs and key population centers, providing efficient access to major highways, rail, and ports.
Over the years, STAG Industrial has grown its portfolio through a combination of strategic acquisitions and asset management efforts. The company's success can be attributed to its disciplined investment approach and its focus on providing modern and functional industrial spaces that meet the needs of its tenants in the evolving market landscape.