STAG Industrial, Inc. Completes Sale of Building in Nashua, New Hampshire

February 3, 2025

BOSTON, Feb. 3, 2025 /PRNewswire/ — STAG Industrial, Inc. (the “Company”) (NYSE:STAG) today announced it has completed the sale of a building in Nashua, New Hampshire on January 31st for gross proceeds of $67.0 million, representing a Cash Capitalization Rate of 4.9%. The 337,391 square foot building was acquired in 2014 at an 8.2% Cash Capitalization Rate for a purchase price of approximately $11.7 million.

What an exciting announcement from STAG Industrial, Inc.! The completion of the sale of a building in Nashua, New Hampshire marks a significant milestone for the company. With gross proceeds of $67.0 million and a Cash Capitalization Rate of 4.9%, this transaction demonstrates the company’s ability to strategically manage its assets and create value for its shareholders.

Acquiring the building in 2014 at an 8.2% Cash Capitalization Rate for a purchase price of approximately $11.7 million, STAG Industrial, Inc. has seen impressive growth in the property’s value over the years. This successful sale not only generates a substantial return on investment but also reflects the company’s expertise in the real estate market.

Overall, this sale is a testament to STAG Industrial, Inc.’s commitment to delivering strong results and maximizing shareholder value. It showcases the company’s ability to adapt to market conditions and make strategic decisions that drive growth and profitability.

Effect on Me:

As a shareholder in STAG Industrial, Inc., the completion of this sale could potentially result in increased dividends or a higher stock price. The company’s ability to generate significant proceeds from the sale of the building in Nashua, New Hampshire demonstrates its strong performance and prudent asset management strategies, which bodes well for the future of the company and its investors.

Effect on the World:

The successful sale of the building in Nashua, New Hampshire by STAG Industrial, Inc. not only benefits its shareholders but also has broader implications for the real estate market and the economy as a whole. This transaction represents a positive development in the commercial real estate sector, indicating a healthy market and a strong demand for properties.

Conclusion:

The completion of the sale of the building in Nashua, New Hampshire by STAG Industrial, Inc. is a significant achievement that highlights the company’s strategic prowess and ability to deliver value to its shareholders. This successful transaction not only demonstrates the company’s financial strength and market expertise but also has positive implications for the broader real estate market and economy. Overall, this sale reflects STAG Industrial, Inc.’s commitment to driving growth and maximizing shareholder value.