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STAG Industrial: A Pure-Play Industrial REIT Paying 4.2%
STAGSTAG Industrial(STAG) Seeking Alpha·2024-07-03 01:41

Abdullah Durmaz STAG is a REIT that chiefly invests in single-tenant properties in the U.S. industrial market. The REIT's portfolio was comprised of 570 buildings as of the end of the March quarter which had an operating occupancy of 97.9%. The weighted-average lease term was 4.4 years and the majority of the portfolio (75%) is represented in CBRE Tier 1 markets. Tier 1 markets are highly established and growing markets, making real estate development and leasing especially attractive. STAG's focus on Tier ...