STAG Contracts Cover 5.6 Million Square Feet in Second Quarter Ahead of Upcoming Results
Key Facts
STAG Industrial said on October 1 that it would release its third-quarter operating and financial results after the market closes on October 27, 2026. Ahead of the results, second-quarter data showed that leases commenced in the operating portfolio covered 5.6 million square feet. Cash rent change for those leases was 19.8%, while straight-line rent change was 33.7%, according to the company’s filing with the U.S. Securities and Exchange Commission. These figures provide a baseline for comparison with the leasing metrics the company will report for the following quarter. In the second quarter, the company also recorded same-store cash net operating income of $158.8 million, up 3.4% from the same period a year earlier, according to its results statement published through Nasdaq.
The company’s second-quarter activity also extended to acquisitions and development: it acquired 7 buildings totaling 2.6 million square feet for $287.1 million, at a cash capitalization rate of 6.1%. During the same period, it signed 3 leases in development projects covering a total of 152,824 square feet of warehouse and distribution facilities. Total portfolio occupancy was 94.5% on June 30, 2026, compared with 95.5% for the operating portfolio, according to the filing with the SEC. New operating leases in the quarter recorded a cash rent change of 19.8% and a straight-line rent change of 33.7%. The third-quarter results will provide an update on these metrics alongside occupancy, leasing and acquisition data.
Ahead of the results announcement, STAG shares closed at $36.3 on October 26, 2026, according to EL7 data. The company had previously announced that it would release results after the market closes on October 27. Second-quarter data also showed quarterly revenue of $224.37 million, up 8.1% year over year, according to MarketBeat. In that quarter, the company authorized a cash distribution of $0.3875 per share, paid on October 15 to shareholders of record on September 30, 2026, according to its statement published through Nasdaq. The results scheduled for October 27 are expected to provide the latest figures on third-quarter operating and financial performance.