- Cash NOI of $31.9M (up 26% Y/Y)
- Adjusted FFO of $19.3M (up 26%)
- Acquired four buildings totaling about 1M square feet for total cost of $37.3M, with weighted-average lease term of just under five years. Executed leases of about 1.1M square feet.
- Quarter-end occupancy of 95.3%
- Boosted monthly dividend by 5% to $0.11 per share.
- CC tomorrow at 11 ET
- Source: Press Release
- Previously: STAG Industrial FFO in-line, beats on revenue
- STAG no trades AH