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STAG Industrial updates on October purchases/leases

Nov. 03, 2014 11:11 AM ETSTAG Industrial, Inc. (STAG) StockBy: Stephen Alpher, SA News Editor
  • It's a relatively slow acquisition month for STAG Industrial (NYSE:STAG +0.7%), with just one property of 98K square feet purchased for $6.2M. Year-to-date through the end of October, STAG has purchased 32 buildings for $298.9M. The company has another 12 properties under contract for a total of $147.7M. Included in those are three build-to-suit deals for $31M.
  • STAG also executed leases totaling 492.5K square feet in October. Year-to-date through October, STAG has executed about 3.7M square feet of leases.
  • Source: Press Release

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