STAG Industrial's Strong Q1: Record Leases & Growth

STAG Industrial starts 2026 strong with Q1 results, posting 65 cents per share core FFO, up 6.6% YoY. Leasing activity soars, with 37 new deals covering 6 million sq ft, a quarterly record. Same-store cash NOI grows 4.1%, and they acquire a 750K sq ft building in Missouri. Market demand surges, particularly for 150K-250K sq ft warehouses, driving leases to third-party logistics firms. STAGs acquisition pipeline swells to $3.9B, and developments advance, pushing occupancy higher. They maintain full-year guidance, leveraging market momentum and a robust balance sheet. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/19bd358929437bec