STAG Industrial adds on property to portfolio in January

• NYSE:STAG purchased a 503.5K square foot industrial building in the Philadelphia CBSA in January for $34.4M. As of month-end, the company has another seven properties under purchase agreement for $94M.
• The pipeline of potential acquisitions is over $1B and 88 industrial buildings.
• The company portfolio consists of 249 buildings in 36 states with about 47.6M of rentable square feet.
• Source: Press Release