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Stock Market & Financial Investment News

News Breaks
December 5, 2012
09:34 EDTSTAGSTAG downgraded to Equal Weight from Overweight at Evercore (pre-open)
News For STAG From The Last 14 Days
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April 1, 2015
09:07 EDTSTAGSTAG Industrial announces ATM results for Q1
STAG Industrial announced that, under its "At the Market" stock offering program, the company issued an aggregate of 417,115 shares of common stock during the first quarter of 2015, receiving gross proceeds of approximately $10.1M and net proceeds of approximately $10M. The company used the net proceeds of the ATM to fund acquisitions, to repay indebtedness, including amounts outstanding under its unsecured revolving credit facility, and for working capital and other general corporate purposes.
09:07 EDTSTAGSTAG Industrial announces acquisition and leasing activity for March, Q1
In March, the company acquired four distribution warehouse buildings containing a total of 982,227 square feet, for $62 million. The acquired buildings are 100% occupied. For the quarter ended March 31, 2015, the company acquired five industrial buildings consisting of approximately 1.5M square feet for $97M. The weighted average estimated cap rate for the buildings acquired in the quarter was 8.0%. In March, the company executed 347,835 square feet of leases comprised of 167,200 square feet of new leases and 180,635 of temporary leases. For the quarter ended March 31, 2015, the company executed 549,133 square feet of leases comprised of 167,200 square feet of new and expansion leases, 136,653 square feet of renewal leases, and 245,280 square feet of temporary leases.
March 26, 2015
08:54 EDTSTAGSTAG Industrial management to meet with JMP Securities
Meeting to be held in St Louis on March 31 hosted by JMP Securities.

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