Boston, MA - July 19, 2012 - STAG Industrial, Inc. (NYSE:STAG) announces the acquisition of an approximately $5.8 million, 181,838 square foot, warehouse and distribution facility located in Bellevue, Ohio.
The building is 100% leased to Amcor Rigid Plastics USA, Inc. with a remaining lease term of over 6 years. Amcor Rigid Plastics USA, Inc. manufactures and delivers packaging solutions for beverages, food, pharmaceuticals, spirits, wine and beer, and personal and home care markets in the United States and Canada.
This acquisition brings STAG's total 2012 acquisition volume to approximately $119 million.
About STAG Industrial, Inc.STAG Industrial, Inc. is a fully integrated, full service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States. STAG's portfolio consists of 122 properties in 29 states with approximately
20.6 million rentable square feet.
For additional information, please visit the Company's website at www.stagindustrial.com.
Forward-Looking Statements
This press release, together with other statements and
information publicly disseminated by STAG Industrial, Inc.
(the
"Company"), contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act
of
1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. The Company intends such
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements
contained in the Private Securities Litigation Reform Act of
1995 and includes this statement for purposes of
complying with these safe harbor provisions. Forward-looking
statements, which are based on certain assumptions and
describe the Company's future plans, strategies and
expectations, are generally identifiable by use of the words
"believe," "will," "expect,"
"intend," "anticipate,"
"estimate," "should," "project" or
similar expressions. You should not rely on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors that are, in some cases,
beyond the Company's control and which could materially
affect actual results, performances or achievements. Factors
that may cause actual results to differ materially from
current expectations include, but are not limited to, the
risk factors discussed in the Company's annual report on Form
10-K for the year ended December 31,
2011, as updated by the Company's quarterly reports on Form
10-Q. Accordingly, there is no assurance that the
Company's expectations will be realized. Except as
otherwise required by the federal securities laws, the
Company disclaims any obligation or undertaking to publicly
release any updates or revisions to any forward-looking
statement contained herein (or elsewhere) to reflect any
change in the Company's expectations with regard thereto or
any change in events, conditions or circumstances on which
any such statement is based.
Source: STAG Industrial, Inc.
Contact:STAG Industrial, Inc.
Gregory W. Sullivan, Chief Financial Officer
617-226-4987
InvestorRelations@stagindustrial.com
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