STAG Industrial, Inc. Overview
Pro stress-test →STAG Industrial is a NYSE-listed REIT focused on acquiring, developing, and operating industrial properties throughout the United States. With a portfolio of 597 buildings comprising 117.6 million rentable square feet across 41 states, the company generates nearly all revenue from rental income on warehouse and distribution properties, primarily serving logistics, automotive, and industrial equipment tenants.
Strategic Profile
Pro stress-test →STAG maintains a competitive advantage through diversified geographic and tenant exposure—no single market exceeds 8.6% of revenue and the top 10 tenants represent only 9.9% of portfolio value. The company demonstrates operational discipline with strong leasing momentum (new leasing activity up 34% in recent quarters) and a shift to quarterly dividends with increased distribution rates, positioning it for steady cash return growth in 2026.
Competitive Landscape
Pro stress-test →STAG competes in the industrial REIT sector against diversified competitors including Highwoods Properties, Veris Residential, Boston Properties, First Industrial Realty Trust, and Brandywine Realty Trust. STAG's advantage lies in its focused portfolio of single and multi-tenant industrial assets, particularly warehouse and distribution properties serving high-demand logistics and data center tenants, with superior diversification metrics limiting concentration risk.
Industry Context
STAG Industrial, Inc. operates in Real Estate Investment Trust (REIT) - Industrial Properties.
Key facts
Headquarters: Boston, US · Employees: 106 · Revenue: $768M · Market cap: $6.49B