STAG Industrial Inc (NYSE: STAG) is a real estate investment trust that acquires and operates single-tenant industrial properties across the United States. Revenue comes primarily from rental income collected under net lease agreements with tenants occupying warehouse, distribution, and light manufacturing facilities. The 10-K filed 2026-02-11 (accession 000147909426000009, fiscal year ended December 31, 2025) confirms STAG's REIT structure and its focus on single-tenant industrial real estate. STAG pays regular dividends consistent with REIT distribution requirements. The filing does not provide sufficient detail in the excerpts supplied to state portfolio size, occupancy rates, tenant concentration, total revenue figures, or named competitors, so those specifics are omitted here.

Revenue model

Net lease rental income from single-tenant industrial properties. Tenants typically bear operating expenses under net lease structures, providing relatively predictable cash flows to the landlord.

Products and services

Acquisition, ownership, and operation of single-tenant industrial real estate, including warehouse, distribution, and light manufacturing facilities.

Customers and end markets

Single tenants occupying industrial properties. End markets include warehouse and distribution operations and light manufacturing. No customer concentration data is supported by the supplied excerpts.

Value-chain role

Property owner and landlord in the industrial real estate supply chain, positioned between capital markets and industrial tenants.

Geographic exposure

United States. No state-level or regional breakdown is supported by the supplied excerpts.

Source: SEC 10-K, filed 2026-02-11

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