v3.25.0.1
Schedule 3 - Real Estate and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2024
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
SEC Schedule III - Real Estate and Accumulated Depreciation Disclosure
STAG Industrial, Inc.
Schedule III—Real Estate and Accumulated Depreciation
December 31, 2024
(in thousands)
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Alabama
Birmingham103 Shades Creek Circle$— $6,772 $1,307 $353 $7,125 $1,307 $8,432 $(949)2020
Birmingham2991 Shannon Oxmoor Road— 5,828 1,341 39 5,867 1,341 7,208 (739)2020
Birmingham101 39th Street North — 6,239 590 42 6,281 590 6,871 (516)2022
Birmingham101 Shades Creek Circle— 3,927 836 707 4,634 836 5,470 (554)2020
Montgomery4300 Alatex Road— 7,057 418 2,540 9,597 418 10,015 (2,530)2016
Moody2415 Highway 78 East— 31,467 2,293 262 31,729 2,293 34,022 (3,749)2021
Phenix City16 Downing Drive— 1,415 276 338 1,753 276 2,029 (639)2012
Arizona
Avondale925 N. 127th Avenue— 13,163 1,674 28 13,191 1,674 14,865 (3,097)2017
Chandler464 E. Chilton Drive— 9,728 2,847 671 10,399 2,847 13,246 (1,367)2020
Gilbert335 South Hamilton Court— 5,784 2,107 271 6,055 2,107 8,162 (709)2021
Mesa7447 E. Ray Road— 7,930 1,277 311 8,241 1,277 9,518 (1,150)2020
Phoenix 4455 West Magnolia Street— 11,060 1,962 — 11,060 1,962 13,022 (55)2024
Tucson6161 South Palo Verde Road— 7,656 996 157 7,813 996 8,809 (1,490)2018
Arkansas
Bryant3700 Bryant Crossing Drive— 17,386 1,143 — 17,386 1,143 18,529 (2,070)2021
Rogers1101 Easy Street— 7,878 1,072 1,834 9,712 1,072 10,784 (3,240)2011
California
Fresno2624 E. Edgar Avenue— 23,590 3,049 — 23,590 3,049 26,639 (1,960)2022
Hollister2401 Bert Drive— 26,049 2,913 621 26,670 2,913 29,583 (1,943)2022
Lodi1170 South Guild Avenue— 34,550 4,975 — 34,550 4,975 39,525 (4,347)2020
Menifee33360 Zeiders Road— 16,013 2,248 8 16,021 2,248 18,269 (638)2023
Menifee33380 Zeiders Road— 13,505 2,227 39 13,544 2,227 15,771 (541)2023
McClellan4841 Urbani Avenue— 14,582 1,048 — 14,582 1,048 15,630 (2,213)2020
Morgan Hill18695 Madrone Parkway— 7,608 2,562 — 7,608 2,562 10,170 (728)2021
Morgan Hill18255 Sutter Boulevard— 19,849 3,943 — 19,849 3,943 23,792 (2,009)2021
Rancho Cordova2587 Mercantile Drive— 4,346 678 70 4,416 678 5,094 (532)2020
Rancho Cordova2431 Mercantile Drive— 4,747 498 409 5,156 498 5,654 (784)2020
Roseville8825 Washington Boulevard— 11,398 2,140 — 11,398 2,140 13,538 (1,329)2021
Sacramento1635 Main Avenue— 8,609 845 259 8,868 845 9,713 (1,138)2020
Sacramento5440 Stationers Way— 21,258 2,203 225 21,483 2,203 23,686 (2,807)2021
Sacramento5601 Warehouse Way— 8,137 1,347 821 8,958 1,347 10,305 (932)2021
Sacramento8500 Carbide Court— 5,218 1,614 — 5,218 1,614 6,832 (521)2021
Sacramento8440 Florin Road— 12,184 3,921 — 12,184 3,921 16,105 (1,472)2021
Sacramento900 National Drive— 7,560 1,479 — 7,560 1,479 9,039 (776)2021
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Sacramento 5961 Outfall Circle— 11,026 1,914 — 11,026 1,914 12,940 (557)2023
Sacramento7728 Wilbur Way— 9,171 857 — 9,171 857 10,028 (1,556)2019
San Diego2055 Dublin Drive— 14,895 2,290 3,072 17,967 2,290 20,257 (3,439)2017
Stockton4091 Gold River Lane— 4,124 663 475 4,599 663 5,262 (556)2020
Stockton3841 Metro Drive— 12,552 1,806 545 13,097 1,806 14,903 (1,582)2021
Stockton3843 Gold River Lane— 4,129 660 — 4,129 660 4,789 (531)2020
West Sacramento 2975 Oates Street — 7,631 1,475 — 7,631 1,475 9,106 (23)2024
West Sacramento3525 Carlin Drive— 24,581 4,350 9,538 34,119 4,350 38,469 (1,704)2021
Colorado
Grand Junction2139 Bond Street— 3,896 314 454 4,350 314 4,664 (1,048)2015
Johnstown4150 Ronald Reagan Boulevard— 14,964 1,133 27 14,991 1,133 16,124 (2,216)2019
Longmont4300 Godding Hollow Parkway— 5,322 734 1,226 6,548 734 7,282 (1,280)2018
Loveland4550 Byrd Drive— 16,591 3,452 2,949 19,540 3,452 22,992 (1,751)2021
Loveland4510 Byrd Drive— 14,134 3,047 3,191 17,325 3,047 20,372 (2,096)2021
Connecticut
East Windsor4 Craftsman Road— 5,711 400 1,000 6,711 400 7,111 (1,614)2016
East Windsor24 Thompson Road— 4,571 348 1,182 5,753 348 6,101 (2,165)2012
Milford200 Research Drive— 13,853 1,650 1,706 15,559 1,650 17,209 (1,566)2021
Milford40 Pepes Farm Road— 10,040 1,264 1,179 11,219 1,264 12,483 (2,937)2017
North Haven300 Montowese Avenue Extension — 39,253 4,086 5,106 44,359 4,086 48,445 (12,915)2015
Wallingford5 Sterling Drive— 6,071 585 347 6,418 585 7,003 (1,463)2017
Delaware
New Castle400 Lukens Drive— 17,767 2,616 198 17,965 2,616 20,581 (5,603)2016
Florida
Daytona Beach530 Fentress Boulevard— 875 1,237 2,388 3,263 1,237 4,500 (1,835)2007
Fort Myers16341 Domestic Avenue— 22,005 2,729 — 22,005 2,729 24,734 (2,610)2020
Gibsonton6400-6280 Powell Road— — 4,143 18,495 18,495 4,143 22,638 — 2023
Gibsonton1283 US Highway 41S— — 5,429 20,480 20,480 5,429 25,909 — 2023
Jacksonville775 Whittaker Road— 3,391 451 415 3,806 451 4,257 (1,034)2017
Jacksonville9601 North Main Street— 7,803 650 2,551 10,354 650 11,004 (2,169)2017
Jacksonville550 Gun Club Road— 7,837 674 1,557 9,394 674 10,068 (2,479)2017
Jacksonville555 Zoo Parkway— 7,025 596 1,170 8,195 596 8,791 (2,089)2017
Jacksonville9779 Pritchard Road— 14,319 1,284 1,414 15,733 1,284 17,017 (2,774)2019
Lake Worth2230 4th Avenue North— 2,530 1,533 — 2,530 1,533 4,063 (357)2020
Lake Worth3600 23rd Avenue South— 4,729 1,502 — 4,729 1,502 6,231 (610)2020
Lake Worth2269 4th Avenue North— 4,751 2,254 — 4,751 2,254 7,005 (661)2020
Lakeland4675 Drane Field Road— 13,060 1,099 — 13,060 1,099 14,159 (1,731)2020
Orlando1854 Central Florida Parkway— 4,814 1,339 1,692 6,506 1,339 7,845 (1,826)2013
Orlando7050 Overland Road— 1,996 721 1,535 3,531 721 4,252 (859)2012
Tampa4330 Williams Road— 6,390 829 71 6,461 829 7,290 (1,215)2019
West Palm Beach4268 Westroads Drive— 6,835 2,906 600 7,435 2,906 10,341 (991)2020
Georgia
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Atlanta4200 SW Shirley Drive— 8,382 1,679 3,806 12,188 1,679 13,867 (939)2022
Augusta1816 Tobacco Road— 6,249 937 90 6,339 937 7,276 (1,457)2018
Buford4823 Roy Carlson Boulevard— 9,195 1,061 938 10,133 1,061 11,194 (942)2021
Calhoun103 Enterprise Drive— 2,743 388 820 3,563 388 3,951 (834)2014
Dallas351 Thomas D. Murphy Drive— 1,712 475 — 1,712 475 2,187 (700)2012
Forest Park5345 Old Dixie Highway— 8,189 1,715 3,683 11,872 1,715 13,587 (2,761)2016
LaGrange614 Pegasus Parkway — 26,546 3,021 — 26,546 3,021 29,567 (296)2024
Lithonia1995 Lithonia Industrial Boulevard— 18,052 943 301 18,353 943 19,296 (1,518)2022
Norcross4075 Blue Ridge Industrial Parkway— 2,415 1,589 2,390 4,805 1,589 6,394 (1,107)2016
Savannah1086 Oracal Parkway— 13,034 439 119 13,153 439 13,592 (3,829)2014
Shannon212 Burlington Drive— 12,922 393 1,332 14,254 393 14,647 (4,050)2013
Smyrna3500 Highlands Parkway— 3,092 264 1,649 4,741 264 5,005 (1,435)2012
Statham1965 Statham Drive— 6,130 588 2,399 8,529 588 9,117 (2,672)2012
Stone Mountain1635 Stone Ridge Drive— 2,548 612 780 3,328 612 3,940 (874)2017
Idaho
Idaho Falls3900 South American Way— 2,712 356 140 2,852 356 3,208 (922)2013
Illinois
Aurora2520 Diehl Road — 8,304 1,848 — 8,304 1,848 10,152 (24)2024
Bartlett1590 W. Stearns Road— 19,493 2,198 694 20,187 2,198 22,385 (2,175)2021
Batavia1100 North Raddant Road— 7,763 1,124 — 7,763 1,124 8,887 (990)2020
Batavia1862 Suncast Lane— 4,427 598 274 4,701 598 5,299 (516)2021
Batavia1100 Paramount Parkway— 4,238 618 677 4,915 618 5,533 (1,083)2017
Belvidere888 Landmark Drive— 6,824 670 78 6,902 670 7,572 (2,041)2013
Belvidere3905 & 3925 Morreim Drive— 4,291 668 31 4,322 668 4,990 (1,309)2013
Belvidere725 & 729 Logistics Drive— 3,699 866 312 4,011 866 4,877 (1,347)2013
Belvidere857 Landmark Drive— 8,269 1,542 1,665 9,934 1,542 11,476 (3,272)2013
Belvidere984 Landmark Drive— 71 216 — 71 216 287 (71)2013
Carol Stream 494 Lies Road East— 6,536 959 — 6,536 959 7,495 (18)2024
Cary680 Industrial Drive— 3,312 498 85 3,397 498 3,895 (427)2020
Crystal Lake215 Exchange Drive— 10,737 1,790 — 10,737 1,790 12,527 (1,258)2021
Crystal Lake220 Exchange Drive— 8,455 1,343 90 8,545 1,343 9,888 (1,007)2021
Crystal Lake300 Exchange Drive— 9,742 1,568 — 9,742 1,568 11,310 (1,167)2021
Crystal Lake450 Congress Parkway— 8,791 1,456 112 8,903 1,456 10,359 (1,048)2021
Elgin1360 Madeline Lane— 19,754 1,135 131 19,885 1,135 21,020 (1,819)2021
Elgin1385 Madeline Lane— 15,346 1,057 439 15,785 1,057 16,842 (1,535)2021
Elgin1690 Cambridge Drive— 3,332 270 188 3,520 270 3,790 (337)2021
Elgin 200-220 Corporate Drive— 7,627 1,130 28 — 7,655 1,130 8,785 (157)2024
Elgin 300-330 Corporate Drive— 11,662 1,302 11 11,673 1,302 12,975 (229)2024
Elgin 305-325 Corporate Drive— 30,082 2,954 165 30,247 2,954 33,201 (599)2024
Elgin 350-370 River Ridge Drive— 13,418 1,528 85 13,503 1,528 15,031 (254)2024
Elgin 1575-1595 Highpoint Drive— 5,470 945 187 5,657 945 6,602 (119)2024
Elmhurst934 North Church Road— 6,255 874 1,212 7,467 874 8,341 (586)2022
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Gurnee3818 Grandville Avenue & 1200 Northwestern Avenue— 11,231 1,716 1,272 12,503 1,716 14,219 (3,758)2014
Harvard875 West Diggins Street— 2,875 1,157 895 3,770 1,157 4,927 (1,331)2013
Hodgkins6600 River Road— 30,599 2,570 — 30,599 2,570 33,169 (3,678)2020
Hodgkins6620 River Road— 6,163 3,127 — 6,163 3,127 9,290 (727)2021
Itasca1251 W. Ardmore Avenue— 3,621 1,223 — 3,621 1,223 4,844 (379)2021
Itasca1500 Bryn Mawr Avenue— 3,871 2,073 — 3,871 2,073 5,944 (450)2021
Itasca1800 Bruning Drive— 12,216 2,428 1,251 13,467 2,428 15,895 (4,111)2016
Lisle4925 Indiana Avenue— 8,368 2,302 — 8,368 2,302 10,670 (1,605)2019
Machesney Park7166 Greenlee Drive— 3,525 300 43 3,568 300 3,868 (1,000)2015
McHenry831/833 Ridgeview Drive— 3,818 576 492 4,310 576 4,886 (905)2018
McHenry921 Ridgeview Drive— 4,004 448 202 4,206 448 4,654 (862)2018
Montgomery2001 Baseline Road— — 173 — — 173 173 — 2018
Montgomery2001 Baseline Road— 12,373 2,190 4,730 17,103 2,190 19,293 (5,473)2012
New Lenox2101-2105 West Haven Avenue— 16,488 1,552 — 16,488 1,552 18,040 (42)2024
New Lenox2200 West Haven Avenue— 10,555 2,450 — 10,555 2,450 13,005 (34)2024
New Lenox2201 West Haven Avenue— 13,753 1,395 — 13,753 1,395 15,148 (34)2024
Saint Charles3810-3820 Stern Avenue— 7,028 1,321 606 7,634 1,321 8,955 (746)2021
Saint Charles 3850 Ohio Avenue — 5,976 1,160 45 6,021 1,160 7,181 (500)2022
Sauk Village21399 Torrence Avenue— 5,405 877 676 6,081 877 6,958 (1,960)2013
Schaumburg710 East State Parkway— 4,086 689 181 4,267 689 4,956 (651)2020
Vernon Hills888 Forest Edge Drive— 9,383 2,416 938 10,321 2,416 12,737 (1,057)2021
Waukegan3751 Sunset Avenue— 5,030 1,004 149 5,179 1,004 6,183 (1,207)2017
West Chicago1300 Northwest Avenue— 2,036 768 1,077 3,113 768 3,881 (1,179)2016
West Chicago1400 Northwest Avenue— 668 382 330 998 382 1,380 (303)2016
West Chicago1450 Northwest Avenue— 768 450 325 1,093 450 1,543 (359)2016
West Chicago1145 & 1149 Howard— 842 369 402 1,244 369 1,613 (390)2016
West Chicago1270 Nuclear Drive— 892 216 1,593 2,485 216 2,701 (422)2016
West Chicago537 Discovery Drive— 32,618 5,961 1,237 33,855 5,961 39,816 (1,388)2023
West Chicago1726-1850 Blackhawk Drive— 6,135 915 1,774 7,909 915 8,824 (2,283)2016
West Dundee901-907 Wesemann Drive— 12,621 948 135 12,756 948 13,704 (1,303)2021
Wood Dale321 Forster Avenue— 4,982 1,226 823 5,805 1,226 7,031 (1,240)2016
Indiana
Elkhart2701 Marina Drive— 210 25 143 353 25 378 (158)2007
Elkhart3501 E. County Road 6— 3,519 422 1,175 4,694 422 5,116 (1,969)2007
Fort Wayne3424 Centennial Drive— 3,076 112 106 3,182 112 3,294 (899)2014
Goshen2600 College Avenue— 5,998 1,442 2,198 8,196 1,442 9,638 (2,953)2011
Greenwood2441 E. Main Street— 12,745 911 1,004 13,749 911 14,660 (1,620)2021
Indianapolis7701 West New York Street— 3,931 620 578 4,509 620 5,129 (443)2021
Jeffersonville101 Jacobs Way— 35,174 2,891 1,255 36,429 2,891 39,320 (2,768)2022
Jeffersonville250 Hilton Drive— 42,618 2,778 — 42,618 2,778 45,396 (1,217)2024
Lafayette1520 Kepner Drive— 2,205 295 65 2,270 295 2,565 (744)2012
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Lafayette1540-1530 Kepner Drive— 3,405 410 372 3,777 410 4,187 (1,243)2012
Lafayette1521 Kepner Drive— 7,920 906 1,337 9,257 906 10,163 (2,844)2012
Lebanon100 Purity Drive— 21,160 1,654 — 21,160 1,654 22,814 (4,384)2018
Lebanon800 Edwards Drive— 36,091 2,359 — 36,091 2,359 38,450 (5,827)2019
Lebanon121 N. Enterprise Boulevard— 37,971 2,948 13,530 51,501 2,948 54,449 (7,550)2019
Marion2201 E. Loew Road— 2,934 243 818 3,752 243 3,995 (1,413)2012
Portage6515 Ameriplex Drive— 28,094 1,626 746 28,840 1,626 30,466 (5,421)2019
Portage725 George Nelson Drive— 5,416 — — 5,416 — 5,416 (1,754)2012
South Bend3310 William Richardson Court— 4,718 411 1,810 6,528 411 6,939 (1,793)2012
Whitestown 4330 S 500 E— 17,621 1,525 — 17,621 1,525 19,146 (737)2023
Yoder2909 Pleasant Center Road— 24,504 941 665 25,169 941 26,110 (4,720)2020
Iowa
Ankeny5910 Southeast Rio Circle— 13,709 846 159 13,868 846 14,714 (2,237)2019
Ankeny6150 Southeast Rio Circle— 19,104 1,421 — 19,104 1,421 20,525 (1,760)2021
Council Bluffs1209 31st Avenue— 4,438 414 — 4,438 414 4,852 (991)2017
Des Moines3915 Delaware Avenue— 9,342 1,685 1,515 10,857 1,685 12,542 (1,141)2021
Des Moines1900 E. 17th Street— 4,477 556 96 4,573 556 5,129 (1,024)2018
Marion6301 North Gateway Drive— 2,229 691 188 2,417 691 3,108 (908)2013
Kansas
Edwardsville9601 Woodend Road— 13,007 1,360 544 13,551 1,360 14,911 (3,420)2017
Lenexa9700 Lackman Road— 9,614 1,759 33 9,647 1,759 11,406 (1,699)2019
Lenexa14000 Marshall Drive— 7,610 2,368 — 7,610 2,368 9,978 (3,162)2014
Olathe1202 South Lone Elm Road— 16,216 1,193 111 16,327 1,193 17,520 (2,938)2019
Olathe16231 South Lone Elm Road— 20,763 2,431 4,340 25,103 2,431 27,534 (8,126)2016
Wichita2655/2755 South Eastmoor Street— 1,815 88 10 1,825 88 1,913 (602)2012
Wichita2652 South Eastmoor Street— 1,839 107 183 2,022 107 2,129 (739)2012
Wichita2510 South Eastmoor Street— 833 76 328 1,161 76 1,237 (482)2012
Kentucky
Bardstown300 Spencer Mattingly Lane— 2,295 379 563 2,858 379 3,237 (1,104)2007
Danville1355 Lebanon Road— 11,593 965 4,787 16,380 965 17,345 (5,984)2011
Erlanger1500-1532 Interstate Drive— 3,791 635 346 4,137 635 4,772 (1,195)2016
Florence9200 Brookfield Court— 7,853 863 88 7,941 863 8,804 (1,544)2019
Florence1100 Burlington Pike— 10,672 3,109 334 11,006 3,109 14,115 (3,138)2018
Hebron2151 Southpark Drive— 4,526 370 866 5,392 370 5,762 (1,671)2014
Louisiana
Baton Rouge6565 Exchequer Drive— 5,815 1,619 666 6,481 1,619 8,100 (1,260)2019
Baton Rouge6735 Exchequer Drive— 6,643 2,567 537 7,180 2,567 9,747 (1,485)2019
Baton Rouge12100 Little Cayman Avenue— 15,402 1,962 53 15,455 1,962 17,417 (3,386)2018
Shreveport7540 Bert Kouns Industrial Loop— 5,572 1,804 1,522 7,094 1,804 8,898 (2,036)2015
Maine
Biddeford1 Baker's Way— 8,164 1,369 4,849 13,013 1,369 14,382 (4,084)2016
Gardiner47 Market Street— 8,983 948 23 9,006 948 9,954 (2,895)2016
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Lewiston19 Mollison Way— 5,374 173 1,064 6,438 173 6,611 (2,807)2007
Portland125 Industrial Way— 3,648 891 2,773 6,421 891 7,312 (1,344)2012
Maryland
Elkridge6685 Santa Barbara Court— 8,764 2,982 113 8,877 2,982 11,859 (1,582)2019
Hagerstown11835 Newgate Boulevard — 55,177 6,036 — 55,177 6,036 61,213 (5,630)2021
Hagerstown11841 Newgate Boulevard— 55,448 6,174 231 55,679 6,174 61,853 (5,884)2021
Hagerstown105 Enterprise Lane— 11,213 3,472 — 11,213 3,472 14,685 (1,545)2021
Hampstead630 Hanover Pike— 34,933 780 2,892 37,825 780 38,605 (11,143)2013
Hunt Valley11100 Gilroy Road— 4,900 538 47 4,947 538 5,485 (555)2021
White Marsh6210 Days Cove Road— 4,601 963 3,040 7,641 963 8,604 (1,388)2018
Massachusetts
Andover 7 Connector Road— 9,744 2,238 9 9,753 2,238 11,991 (111)2024
Hudson4 Robert Bonazzoli Avenue— 12,628 723 414 13,042 723 13,765 (1,255)2021
Lawrence91 Glenn Street— 14,945 3,287 12 14,957 3,287 18,244 (158)2024
Malden219 Medford Street— 2,817 366 — 2,817 366 3,183 (1,269)2007
Malden243 Medford Street— 3,961 507 — 3,961 507 4,468 (1,783)2007
Middleborough16 Leona Drive— 7,243 2,397 172 7,415 2,397 9,812 (2,132)2019
Norton202 South Washington Street— 6,105 2,839 250 6,355 2,839 9,194 (2,253)2011
South Easton55 Bristol Drive— 5,826 403 2,491 8,317 403 8,720 (1,399)2017
Sterling15 Chocksett Road— 10,797 1,472 — 10,797 1,472 12,269 (1,132)2021
Stoughton100 Campanelli Parkway— 2,305 2,256 1,817 4,122 2,256 6,378 (1,526)2015
Stoughton12 Campanelli Parkway— 1,138 538 438 1,576 538 2,114 (531)2015
Westborough35 Otis Street— 5,733 661 23 5,756 661 6,417 (1,384)2016
Wilmington 353 Middlesex Avenue — 9,424 1,158 — 9,424 1,158 10,582 (91)2024
Woburn180 New Boston Street — 14,836 2,123 — 14,836 2,123 16,959 (154)2024
Woburn41 Atlantic Avenue — 7,502 2,265 — 7,502 2,265 9,767 (85)2024
Michigan
Belleville8200 Haggerty Road— 6,484 724 616 7,100 724 7,824 (1,682)2017
Canton47440 Michigan Avenue— 23,603 2,378 1,619 25,222 2,378 27,600 (3,911)2020
Chesterfield50501 E. Russell Schmidt— 1,099 207 177 1,276 207 1,483 (505)2007
Chesterfield50371 E. Russell Schmidt— 798 150 477 1,275 150 1,425 (521)2007
Chesterfield50271 E. Russell Schmidt— 802 151 210 1,012 151 1,163 (515)2007
Chesterfield50900 E. Russell Schmidt— 5,006 942 2,365 7,371 942 8,313 (3,424)2007
Grand Rapids5445 International Parkway— 7,039 1,241 319 7,358 1,241 8,599 (1,032)2020
Grand Rapids5079 33rd Street — 4,907 892 316 5,223 892 6,115 (542)2022
Grand Rapids5333 33rd Street— 3,455 1,052 192 3,647 1,052 4,699 (482)2022
Grand Rapids5050 Kendrick Street, SE— 7,332 169 1,607 8,939 169 9,108 (2,182)2015
Holland4757 128th Avenue— 3,273 279 228 3,501 279 3,780 (1,140)2012
Kentwood4660 East Paris Avenue, SE— 7,875 307 102 7,977 307 8,284 (1,409)2019
Kentwood4647 60th Street SE— 16,933 1,256 1,928 18,861 1,256 20,117 (2,001)2021
Kentwood4070 East Paris Avenue— 2,436 407 120 2,556 407 2,963 (798)2013
Lansing7009 West Mount Hope Highway— 7,706 501 7,357 15,063 501 15,564 (4,956)2011
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Lansing2780 Sanders Road— 3,961 580 460 4,421 580 5,001 (1,337)2012
Lansing5640 Pierson Highway— 7,056 429 100 7,156 429 7,585 (2,434)2012
Lansing2051 South Canal Road— 5,176 907 100 5,276 907 6,183 (1,680)2013
Livonia38150 Plymouth Road— 7,032 1,390 1,471 8,503 1,390 9,893 (2,033)2018
Livonia38220 Plymouth Road— 8,918 848 1,016 9,934 848 10,782 (1,930)2018
Marshall1511 George Brown Drive— 1,042 199 130 1,172 199 1,371 (442)2013
Novi22925 Venture Drive— 3,649 252 484 4,133 252 4,385 (1,306)2012
Novi25250 Regency Drive— 6,035 626 23 6,058 626 6,684 (1,837)2015
Novi43800 Gen Mar Drive— 16,708 1,381 925 17,633 1,381 19,014 (3,304)2018
Plymouth14835 Pilot Drive— 4,620 365 250 4,870 365 5,235 (1,460)2015
Redford12100 Inkster Road— 6,114 728 870 6,984 728 7,712 (1,948)2017
Romulus9800 Inkster Road— 14,942 1,254 — 14,942 1,254 16,196 (3,775)2018
Romulus27651 Hildebrandt Road— 14,949 1,080 289 15,238 1,080 16,318 (3,696)2017
Sterling Heights42600 Merrill Street— 4,191 1,133 1,469 5,660 1,133 6,793 (1,914)2012
Walker2640 Northridge Drive— 4,593 855 1,127 5,720 855 6,575 (1,758)2011
Warren13301 Stephens Road— 5,820 502 206 6,026 502 6,528 (1,437)2017
Warren27027 Mound Road— 17,584 1,984 67 17,651 1,984 19,635 (2,813)2020
Warren25295 Guenther Road— 19,273 531 387 19,660 531 20,191 (2,274)2021
Warren7500 Tank Avenue— 14,473 1,290 1,562 16,035 1,290 17,325 (4,425)2016
Wixom48238 Frank Street— 14,433 293 — 14,433 293 14,726 (1,383)2021
Zeeland750 E. Riley Avenue— 12,100 487 — 12,100 487 12,587 (2,691)2019
Minnesota
Blaine3705 95th Avenue NE— 16,873 2,258 46 16,919 2,258 19,177 (3,178)2019
Bloomington11300 Hampshire Avenue South— 8,542 1,702 23 8,565 1,702 10,267 (1,875)2018
Brooklyn Park6688 93rd Avenue North— 11,988 1,926 — 11,988 1,926 13,914 (3,067)2016
Brooklyn Park 9400 Decatur Drive— 18,133 2,051 — 18,133 2,051 20,184 (143)2024
Carlos4750 County Road 13 NE— 4,183 960 1,438 5,621 960 6,581 (1,866)2011
Eagan3355 Discovery Road— 15,290 2,526 — 15,290 2,526 17,816 (3,377)2019
Inver Grove Height8450 Courthouse Boulevard— 6,964 2,595 — 6,964 2,595 9,559 (850)2021
Lakeville21601 Galway Lane — 31,841 5,405 — 31,841 5,405 37,246 (313)2024
Maple Grove6250 Sycamore Lane North— 6,634 969 786 7,420 969 8,389 (1,862)2017
Maple Grove8175 Jefferson Highway— 10,397 2,327 156 10,553 2,327 12,880 (1,808)2020
Mendota Heights 1312 Northland Drive— 10,743 1,497 — 10,743 1,497 12,240 (90)2024
Mendota Heights2250 Pilot Knob Road— 3,492 1,494 1,177 4,669 1,494 6,163 (1,388)2018
New Hope5520 North Highway 169— 1,902 1,919 473 2,375 1,919 4,294 (803)2013
Newport710 Hastings Avenue— 8,367 1,765 — 8,367 1,765 10,132 (808)2021
Oakdale550-590 Hale Avenue North — 6,468 647 311 6,779 647 7,426 (1,424)2019
Oakdale585-595 Hale Avenue— 4,984 1,396 316 5,300 1,396 6,696 (1,183)2018
Plymouth9800 13th Avenue North— 4,978 1,599 — 4,978 1,599 6,577 (1,252)2018
Plymouth6050 Nathan Lane— 5,855 1,109 61 5,916 1,109 7,025 (1,152)2019
Plymouth6075 Trenton Lane North— 6,919 1,569 30 6,949 1,569 8,518 (1,335)2019
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Savage14399 Huntington Avenue— 3,836 3,194 1,253 5,089 3,194 8,283 (1,930)2014
Shakopee5101/4901 Valley Industrial Boulevard— 11,596 584 13 11,609 584 12,193 (1,154)2022
Shakopee1451 Dean Lakes Trail— 12,496 927 61 12,557 927 13,484 (2,007)2019
Saint Paul1700 Wynne Avenue— 23,675 2,258 — 23,675 2,258 25,933 (2,457)2021
South Saint Paul411 Farwell Avenue— 14,904 2,378 498 15,402 2,378 17,780 (3,343)2018
Mississippi
Southaven228 Access Drive— 28,566 1,000 1,275 29,841 1,000 30,841 (3,779)2020
Missouri
Berkeley8901 Springdale Avenue— 9,850 1,423 929 10,779 1,423 12,202 (1,079)2021
Earth City1 American Eagle Plaza— 2,751 1,123 273 3,024 1,123 4,147 (836)2016
Fenton2501 & 2509 Cassens Drive— 9,358 791 294 9,652 791 10,443 (1,718)2019
Hazelwood7275 Hazelwood Avenue— 5,030 1,382 2,094 7,124 1,382 8,506 (2,449)2011
Kansas City 4001 North Norfleet Road — 48,342 4,239 — 48,342 4,239 52,581 (4,880)2022
Kansas City 10410 NW Transcon Drive— 16,651 — — 16,651 — 16,651 (88)2024
Kansas City 9900 NW Global Drive— 33,113 — — 33,113 — 33,113 (165)2024
O'Fallon6705 Keaton Corporate Parkway— 3,606 1,233 606 4,212 1,233 5,445 (1,207)2017
O'Fallon3801 Lloyd King Drive— 2,579 1,242 1,766 4,345 1,242 5,587 (1,359)2011
Nebraska
Bellevue10601 S 15th Street— 20,384 1,691 135 20,519 1,691 22,210 (2,785)2021
La Vista11720 Peel Circle— 14,679 1,232 165 14,844 1,232 16,076 (1,494)2021
Omaha10488 S. 136th Street— 13,736 1,602 102 13,838 1,602 15,440 (2,413)2019
Omaha9995 I Street— 3,202 572 641 3,843 572 4,415 (565)2019
Omaha10025 I Street— 2,414 579 133 2,547 579 3,126 (471)2019
Omaha9931 South 136th Street— 2,636 828 385 3,021 828 3,849 (404)2021
Omaha9950 South 134th Street— 3,398 868 6 3,404 868 4,272 (352)2021
Nevada
Fernley190 Resource Drive— 11,401 1,034 — 11,401 1,034 12,435 (1,385)2021
Las Vegas730 Pilot Road— 12,390 2,615 897 13,287 2,615 15,902 (2,883)2018
Las Vegas3450 West Teco Avenue— 3,259 770 80 3,339 770 4,109 (740)2017
Paradise4565 Wynn Road— 4,514 949 — 4,514 949 5,463 (818)2019
Paradise6460 Arville Street— 3,415 1,465 251 3,666 1,465 5,131 (801)2019
Reno9025 Moya Boulevard— 3,356 1,372 832 4,188 1,372 5,560 (1,144)2014
Sparks325 E. Nugget Avenue— 6,328 938 1,179 7,507 938 8,445 (2,219)2017
Sparks655 Spice Islands Drive — 25,457 2,831 250 25,707 2,831 28,538 (936)2023
New Hampshire
Londonderry29 Jack's Bridge Road/Clark Road— 6,449 730 339 6,788 730 7,518 (2,080)2013
Nashua80 Northwest Boulevard— 8,470 1,431 6,874 15,344 1,431 16,775 (2,848)2014
New Jersey
Branchburg291 Evans Way— 10,852 2,367 149 11,001 2,367 13,368 (1,817)2019
Burlington8 Campus Drive— — 3,267 16,064 16,064 3,267 19,331 (1,764)2015
Burlington6 Campus Drive— 19,237 4,030 3,067 22,304 4,030 26,334 (5,878)2015
Franklin Township17 & 20 Veronica Avenue— 8,264 2,272 1,555 9,819 2,272 12,091 (2,705)2017
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Lumberton101 Mount Holly Bypass— 6,372 1,121 456 6,828 1,121 7,949 (1,519)2019
Moorestown550 Glen Avenue— 5,627 466 188 5,815 466 6,281 (1,170)2019
Moorestown600 Glen Court— 4,749 510 189 4,938 510 5,448 (1,175)2019
Moorestown 11 Twosome Drive — 9,490 1,230 — 9,490 1,230 10,720 (81)2024
Mt. Laurel103 Central Avenue— 6,672 616 1,006 7,678 616 8,294 (1,032)2020
Piscataway100 New England Avenue— 17,096 7,566 144 17,240 7,566 24,806 (1,095)2023
Swedesboro2165 Center Square Road— 5,129 1,212 901 6,030 1,212 7,242 (1,407)2017
Westampton800 Highland Drive— 20,734 3,647 8,721 29,455 3,647 33,102 (2,184)2021
New Mexico
Santa Teresa150 Earhardt Drive— 8,904 723 187 9,091 723 9,814 (661)2022
New York
Buffalo1236-50 William Street— 2,924 146 — 2,924 146 3,070 (1,025)2012
Cheektowaga40-60 Industrial Parkway— 2,699 216 1,095 3,794 216 4,010 (1,525)2011
Farmington5786 Collett Road— 5,282 410 896 6,178 410 6,588 (2,649)2007
Gloversville125 Belzano Drive— 1,299 117 7 1,306 117 1,423 (465)2012
Gloversville122 Belzano Drive— 2,559 151 238 2,797 151 2,948 (893)2012
Gloversville109 Belzano Drive— 1,486 154 188 1,674 154 1,828 (568)2012
Johnstown123 Union Avenue— 1,592 216 33 1,625 216 1,841 (528)2012
Johnstown231 Enterprise Drive— 955 151 96 1,051 151 1,202 (460)2012
Johnstown150 Enterprise Avenue— 1,440 140 36 1,476 140 1,616 (536)2012
Rochester2883 Brighton Henrietta Townline Road— 6,964 619 1,034 7,998 619 8,617 (1,124)2020
Rochester1350 Scottsville Road— 6,702 208 109 6,811 208 7,019 (1,010)2020
Ronkonkoma845 South 1st Street(4,322)6,091 1,213 144 6,235 1,213 7,448 (785)2021
North Carolina
Catawba3389 Catawba Industrial Place— 8,166 1,692 — 8,166 1,692 9,858 (1,120)2020
Charlotte1401 Tar Heel Road— 3,842 515 63 3,905 515 4,420 (960)2015
Charlotte2027 Gateway Boulevard— 3,654 913 30 3,684 913 4,597 (798)2018
Charlotte3115 Beam Road— 4,839 369 179 5,018 369 5,387 (738)2020
Charlotte12730 Virkler Drive— 10,650 1,522 — 10,650 1,522 12,172 (39)2024
Durham2702 Weck Drive— 2,589 753 258 2,847 753 3,600 (810)2015
Garner2337 US Highway 70E— 11,790 3,420 — 11,790 3,420 15,210 (1,631)2020
Greensboro719 North Regional Road — 12,396 366 — 12,396 366 12,762 (596)2023
Greensboro415 Westcliff Road— 6,383 691 208 6,591 691 7,282 (1,417)2018
Huntersville13201 Reese Boulevard— 3,123 1,061 980 4,103 1,061 5,164 (1,327)2012
Lexington200 Woodside Drive— 3,863 232 1,397 5,260 232 5,492 (1,929)2011
Mebane7412 Oakwood Street— 4,570 481 552 5,122 481 5,603 (1,851)2012
Mebane7600 Oakwood Street— 4,148 443 — 4,148 443 4,591 (1,522)2012
Mebane7110 E. Washington Street— 4,981 358 1,994 6,975 358 7,333 (1,942)2013
Mocksville171 Enterprise Way— 5,582 1,091 616 6,198 1,091 7,289 (1,180)2019
Mooresville119 Super Sport Drive— 17,792 4,195 765 18,557 4,195 22,752 (4,116)2017
Mooresville313 Mooresville Boulevard— 6,968 701 466 7,434 701 8,135 (2,689)2011
Mountain Home199 N. Egerton Road— 2,359 523 324 2,683 523 3,206 (689)2014
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Newton1500 Prodelin Drive— 3,814 732 4,807 8,621 732 9,353 (2,609)2011
Pineville10519 Industrial Drive— 1,179 392 44 1,223 392 1,615 (372)2012
Rural Hall300 Forum Parkway— 5,375 439 1,007 6,382 439 6,821 (2,388)2011
Salisbury990 Cedar Springs Road — 5,009 1,535 3,008 8,017 1,535 9,552 (2,308)2017
Smithfield3250 Highway 70 Business West— 4,411 613 7,231 11,642 613 12,255 (2,604)2011
Troutman279 & 281 Old Murdock Road— 13,124 802 360 13,484 802 14,286 (2,985)2018
Winston-Salem2655 Annapolis Drive— 10,716 610 235 10,951 610 11,561 (3,366)2014
Youngsville200 K-Flex Way— 16,150 1,836 — 16,150 1,836 17,986 (3,335)2018
Ohio
Bedford Heights26801 Fargo Avenue— 5,267 837 1,019 6,286 837 7,123 (1,891)2017
Boardman365 McClurg Road— 3,473 282 1,289 4,762 282 5,044 (2,094)2007
Canal Winchester6200-6250 Winchester Boulevard— 37,431 6,403 — 37,431 6,403 43,834 (3,977)2021
Canal Winchester6260-6300 Winchester Boulevard— 19,432 3,708 430 19,862 3,708 23,570 (2,372)2021
Canal Winchester6215-6275 Winchester Boulevard— 16,704 1,690 — 16,704 1,690 18,394 (315)2024
Columbus1605 Westbelt Drive— 5,125 337 1,114 6,239 337 6,576 (1,285)2017
Columbus5330 Crosswinds Drive— 45,112 3,410 1,117 46,229 3,410 49,639 (6,002)2020
Columbus200 McCormick Boulevard— 8,960 988 77 9,037 988 10,025 (911)2022
Columbus3900-3990 Business Park Drive— 2,976 489 657 3,633 489 4,122 (1,254)2014
Dayton2815 South Gettysburg Avenue— 5,896 331 529 6,425 331 6,756 (1,985)2015
Etna8591 Mink Street SW— 73,402 2,939 231 73,633 2,939 76,572 (10,008)2020
Fairborn1340 E Dayton Yellow Springs Road— 5,569 867 402 5,971 867 6,838 (2,035)2015
Fairfield4275 Thunderbird Lane— 2,788 948 1,175 3,963 948 4,911 (1,204)2016
Fairfield3840 Port Union Road— 5,337 1,086 407 5,744 1,086 6,830 (1,562)2018
Gahanna1120 Morrison Road— 3,806 1,265 3,988 7,794 1,265 9,059 (2,479)2011
Groveport5830 Green Pointe Drive South— 10,828 642 424 11,252 642 11,894 (2,556)2017
Hilliard4251 Leap Road— 7,412 550 1,498 8,910 550 9,460 (2,129)2017
Macedonia 8295 Bavaria Drive— 10,219 1,001 107 10,326 1,001 11,327 (958)2022
Macedonia1261 Highland Road— 8,063 1,690 647 8,710 1,690 10,400 (2,477)2015
Maple Heights16645 Granite Road— 4,357 922 — 4,357 922 5,279 (559)2021
Mason7258 Innovation Way— 4,582 673 — 4,582 673 5,255 (1,388)2014
North Jackson500 South Bailey Road— 4,356 1,528 2,269 6,625 1,528 8,153 (1,693)2013
North Jackson382 Rosemont Road— 5,777 486 3,174 8,951 486 9,437 (2,582)2011
Oakwood Village26350 Broadway— 3,041 343 178 3,219 343 3,562 (986)2015
Salem800 Pennsylvania Avenue— 6,849 858 2,297 9,146 858 10,004 (3,842)2006
Streetsboro9777 Mopar Drive— 4,909 2,161 1,157 6,066 2,161 8,227 (2,037)2011
Strongsville14450 Foltz Industrial Parkway— 16,487 1,315 — 16,487 1,315 17,802 (1,791)2021
Strongsville12930 Darice Parkway— 5,750 491 963 6,713 491 7,204 (2,102)2014
Toledo1800 Jason Street— 6,487 213 250 6,737 213 6,950 (2,319)2012
Twinsburg8601 Independence Parkway— 19,772 3,855 — 19,772 3,855 23,627 (2,658)2020
Twinsburg7990 Bavaria Road— 6,497 590 3,486 9,983 590 10,573 (3,247)2007
West Chester9696 International Boulevard— 8,580 936 — 8,580 936 9,516 (2,051)2016
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
West Chester8778-8910 Le Saint Drive— 42,704 1,565 109 42,813 1,565 44,378 (1,154)2024
West Jefferson1550 West Main Street— 70,213 2,015 75 70,288 2,015 72,303 (13,218)2019
Oklahoma
Oklahoma City4949 Southwest 20th Street— 2,211 746 124 2,335 746 3,081 (896)2016
Oklahoma City5101 South Council Road— 9,199 1,614 1,466 10,665 1,614 12,279 (3,173)2015
Tulsa11607 E. 43rd Street North— 8,242 966 — 8,242 966 9,208 (2,691)2015
Tulsa10757 East Ute Street— 7,167 644 125 7,292 644 7,936 (1,199)2020
Oregon
Beaverton5805 SW 107th Avenue— 10,602 2,463 — 10,602 2,463 13,065 (486)2023
Beaverton 5807 SW 107th Avenue— 4,936 1,237 — 4,936 1,237 6,173 (231)2023
Salem4060 Fairview Industrial Drive— 3,039 599 916 3,955 599 4,554 (1,391)2011
Salem4050 Fairview Industrial Drive— 1,372 266 562 1,934 266 2,200 (728)2011
Sherwood20707 SW Wildrose Place— 14,014 1,315 — 14,014 1,315 15,329 (325)2024
Wilsonville9400 SW Barber Street — 10,142 696 243 10,385 696 11,081 (714)2022
Pennsylvania
Allentown6670 Grant Way— 9,937 1,237 378 10,315 1,237 11,552 (426)2023
Allentown6690 Grant Way— 11,721 1,535 66 11,787 1,535 13,322 (495)2023
Allentown7132 Daniels Drive— 7,199 1,962 2,130 9,329 1,962 11,291 (3,080)2014
Burgettstown157 Starpointe Boulevard— 23,416 1,248 598 24,014 1,248 25,262 (4,668)2019
Charleroi200 Simko Boulevard— 10,539 935 136 10,675 935 11,610 (2,229)2018
Clinton2300 Sweeney Drive— 19,144 — 25 19,169 — 19,169 (4,536)2017
Clinton2251 Sweeney Drive— 12,390 — — 12,390 — 12,390 (2,440)2018
Clinton2400 Sweeney Drive Extension— 16,840 — 2,920 19,760 — 19,760 (3,396)2018
Clinton1200 Clifford Ball Drive— 10,524 — — 10,524 — 10,524 (1,477)2020
Clinton1111 Clifford Ball Drive— 5,668 — — 5,668 — 5,668 (810)2020
Clinton1300 Clifford Ball Drive— 18,152 — — 18,152 — 18,152 (2,470)2020
Clinton1100 Clifford Ball Drive — 40,282 — 510 40,792 — 40,792 (4,045)2022
Croydon3001 State Road— 4,628 829 4,115 8,743 829 9,572 (912)2018
Elizabethtown11 and 33 Industrial Road— 5,315 1,000 804 6,119 1,000 7,119 (1,847)2014
Export1003 Corporate Lane— 5,604 667 196 5,800 667 6,467 (1,138)2019
Hazleton69 Green Mountain Road— 43,571 4,995 1,179 44,750 4,995 49,745 (5,030)2021
Imperial200 Solar Drive— 22,025 1,762 — 22,025 1,762 23,787 (3,532)2019
Kulpsville1510 Gehman Road— 10,390 3,171 — 10,390 3,171 13,561 (588)2023
Lancaster2919 Old Tree Drive— 5,134 1,520 1,687 6,821 1,520 8,341 (2,351)2015
Langhorne2151 Cabot Boulevard West— 3,771 1,370 287 4,058 1,370 5,428 (1,009)2016
Langhorne2201 Cabot Boulevard West— 3,018 1,308 528 3,546 1,308 4,854 (1,149)2016
Langhorne121 Wheeler Court— 6,327 1,884 1,198 7,525 1,884 9,409 (2,056)2016
Langhorne1 Cabot Boulevard East— 4,203 1,155 83 4,286 1,155 5,441 (972)2020
Lebanon1 Keystone Drive— 5,083 1,380 1,048 6,131 1,380 7,511 (2,128)2017
Mechanicsburg6350 Brackbill Boulevard— 5,079 1,482 2,684 7,763 1,482 9,245 (2,016)2014
Mechanicsburg6360 Brackbill Boulevard— 7,042 1,800 989 8,031 1,800 9,831 (2,354)2014
Mechanicsburg245 Salem Church Road— 7,977 1,452 905 8,882 1,452 10,334 (2,616)2014
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Muhlenberg Township171-173 Tuckerton Road— 13,784 843 3,153 16,937 843 17,780 (5,290)2012
New Galilee1750 Shenango Road— 25,553 1,127 354 25,907 1,127 27,034 (4,334)2019
New Kensington115 Hunt Valley Road— 9,145 177 — 9,145 177 9,322 (1,716)2018
New Kingstown6 Doughten Road— 8,625 2,041 619 9,244 2,041 11,285 (2,874)2014
O'Hara Township100 Papercraft Park— 18,612 1,435 8,291 26,903 1,435 28,338 (9,862)2012
PittstonOne Commerce Road— 19,603 677 263 19,866 677 20,543 (4,290)2017
Reading2001 Centre Avenue— 5,294 1,708 1,554 6,848 1,708 8,556 (1,571)2016
Warrendale410-426 Keystone Drive— 12,057 1,853 786 12,843 1,853 14,696 (2,485)2018
York2925 East Market Street— 14,209 2,152 381 14,590 2,152 16,742 (3,050)2017
York57 Grumbacher Road— 14,832 966 28 14,860 966 15,826 (2,818)2018
York420 Emig Road— 7,863 869 47 7,910 869 8,779 (1,694)2019
York915 Woodland View Drive— 5,754 1,139 237 5,991 1,139 7,130 (731)2021
York2800 Concord Road— 21,154 1,478 1,394 22,548 1,478 24,026 (2,366)2021
South Carolina
Columbia128 Crews Drive— 5,171 783 287 5,458 783 6,241 (1,603)2016
Duncan110 Hidden Lakes Circle— 10,981 1,002 3,455 14,436 1,002 15,438 (4,677)2012
Duncan112 Hidden Lakes Circle— 6,739 709 1,586 8,325 709 9,034 (2,941)2012
Duncan175 Spartangreen Boulevard— 12,390 936 89 12,479 936 13,415 (1,321)2021
EdgefieldOne Tranter Drive— 938 220 887 1,825 220 2,045 (847)2012
Fountain Inn107 Southchase Boulevard— 8,308 766 577 8,885 766 9,651 (1,989)2018
Fountain Inn141 Southchase Boulevard— 13,511 1,878 9,027 22,538 1,878 24,416 (3,802)2017
Fountain Inn111 Southchase Boulevard— 4,260 719 95 4,355 719 5,074 (1,324)2016
Gaffney50 Peachview Boulevard— 4,383 1,233 2,505 6,888 1,233 8,121 (1,692)2017
Goose Creek6 Corporate Parkway— 29,360 4,459 — 29,360 4,459 33,819 (5,203)2019
Greenwood215 Mill Avenue— 1,824 166 641 2,465 166 2,631 (748)2012
Greenwood308-310 Maxwell Avenue— 1,168 169 848 2,016 169 2,185 (643)2012
Greer8 Shelter Drive— 4,939 681 3,478 8,417 681 9,098 (2,197)2018
Greer1000 Robinson Road— 25,631 849 — 25,631 849 26,480 (2,163)2021
Greer1817 East Poinsett Street— — 3,674 45,728 45,728 3,674 49,402 — 2022
Greer1809 East Poinsett Street— — 1,885 23,544 23,544 1,885 25,429 — 2022
Greer129 Metro Court— 1,434 129 392 1,826 129 1,955 (561)2015
Greer149 Metro Court— 1,731 128 558 2,289 128 2,417 (644)2015
Greer153 Metro Court— 460 153 155 615 153 768 (230)2015
Greer154 Metro Court— 2,963 306 941 3,904 306 4,210 (1,199)2015
Laurens103 Cherry Blossom Drive— 4,033 151 52 4,085 151 4,236 (1,070)2015
Piedmont1100 Piedmont Highway— 4,093 231 588 4,681 231 4,912 (1,271)2015
Piedmont1102 Piedmont Highway— 2,092 158 45 2,137 158 2,295 (587)2015
Piedmont1104 Piedmont Highway— 2,166 204 — 2,166 204 2,370 (718)2015
Piedmont513 Old Griffin Road— 9,260 797 2,022 11,282 797 12,079 (2,152)2018
Piedmont1610 Old Grove Road— 18,734 1,971 63 18,797 1,971 20,768 (4,664)2019
Piedmont100 Exchange Logistics Park Drive— 25,151 569 1,001 26,152 569 26,721 (2,267)2022
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Piedmont 119 Matrix Parkway— 13,912 331 62 13,974 331 14,305 (1,241)2022
Rock Hill2751 Commerce Drive, Unit C— 6,146 1,411 1,496 7,642 1,411 9,053 (1,972)2016
Rock Hill1953 Langston Street— 4,333 1,095 984 5,317 1,095 6,412 (1,376)2017
Rock Hill2225 Williams Industrial Boulevard— 10,903 1,118 — 10,903 1,118 12,021 (1,614)2020
Simpsonville101 Harrison Bridge Road— 2,960 957 3,659 6,619 957 7,576 (2,156)2012
Simpsonville103 Harrison Bridge Road— 3,364 470 1,112 4,476 470 4,946 (1,541)2012
Simpsonville1312 Old Stage Road— 24,200 1,454 3,426 27,626 1,454 29,080 (5,664)2018
Spartanburg5675 North Blackstock Road— 14,791 1,867 1,791 16,582 1,867 18,449 (4,496)2016
Spartanburg950 Brisack Road— 3,564 342 2,084 5,648 342 5,990 (1,599)2014
Spartanburg2071 Fryml Drive— 7,509 663 161 7,670 663 8,333 (1,403)2019
Spartanburg2171 Fryml Drive— 4,275 530 143 4,418 530 4,948 (779)2019
Spartanburg2010 Nazareth Church Road— 16,535 895 745 17,280 895 18,175 (3,342)2019
Spartanburg150-160 National Avenue— 5,797 493 2,151 7,948 493 8,441 (2,316)2012
Summerville105 Eastport Lane— 4,710 1,157 591 5,301 1,157 6,458 (899)2019
Wellford 462 Casual Drive— 16,147 2,588 1,155 17,302 2,588 19,890 (712)2023
Wellford452 Casual Drive — 16,187 2,548 2,732 18,919 2,548 21,467 — 2023
West Columbia185 McQueen Street— 6,946 715 2,355 9,301 715 10,016 (2,992)2013
West Columbia610 Kelsey Court— 9,488 488 — 9,488 488 9,976 (2,185)2016
West Columbia825 Bistline Drive— 9,151 240 1,008 10,159 240 10,399 (2,339)2017
West Columbia810 Bistline Drive— 10,881 564 — 10,881 564 11,445 (1,974)2019
West Columbia1000 Technology Drive— 26,023 1,422 5 26,028 1,422 27,450 (5,606)2019
West Columbia842 Bistline Drive— 12,723 1,217 1,749 14,472 1,217 15,689 (1,775)2021
West Columbia222 Old Wire Road— 4,646 551 2,301 6,947 551 7,498 (2,660)2016
Tennessee
Chattanooga1800 Crutchfield Street Building A— 2,181 187 127 2,308 187 2,495 (593)2015
Chattanooga1800 Crutchfield Street Building B— 4,448 380 84 4,532 380 4,912 (1,233)2015
Chattanooga1295 Stuart Street— 7,959 424 2,546 10,505 424 10,929 (2,751)2015
Cleveland4405 Michigan Avenue Road NE— 3,161 554 84 3,245 554 3,799 (1,299)2011
Clinton1330 Carden Farm Drive— 3,101 403 241 3,342 403 3,745 (1,021)2015
Jackson1094 Flex Drive— 2,374 230 772 3,146 230 3,376 (1,199)2012
Knoxville2525 Quality Drive— 3,104 447 541 3,645 447 4,092 (1,008)2015
Knoxville2522 and 2526 Westcott Boulevard— 4,919 472 728 5,647 472 6,119 (1,049)2018
Knoxville5700 Casey Drive— 7,812 1,117 811 8,623 1,117 9,740 (1,987)2019
Lebanon535 Maddox-Simpson Parkway— 15,890 468 1,432 17,322 468 17,790 (4,036)2019
Lebanon675 Maddox-Simpson Parkway— 5,891 519 211 6,102 519 6,621 (582)2021
Loudon1700 Elizabeth Lee Parkway— 3,686 170 2,137 5,823 170 5,993 (1,473)2015
Madison538 Myatt Drive— 2,790 1,655 16,713 19,503 1,655 21,158 (2,874)2011
Mascot9575 Commission Drive— 3,179 284 75 3,254 284 3,538 (1,001)2016
Mascot2122 Holston Bend Drive— 3,409 385 8,294 11,703 385 12,088 (1,592)2013
Memphis7625 Appling Center Drive— 13,463 539 29 13,492 539 14,031 (1,286)2022
Memphis4880 East Tuggle Road— 40,956 2,501 1,826 42,782 2,501 45,283 (7,779)2019
Murfreesboro1975 Joe B. Jackson Parkway— 9,617 2,206 6 9,623 2,206 11,829 (881)2022
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Murfreesboro540 New Salem Road— 2,799 722 151 2,950 722 3,672 (1,081)2014
Nashville3258 Ezell Pike— 3,455 547 276 3,731 547 4,278 (1,092)2013
Vonore90 Deer Crossing Road— 7,821 2,355 1,479 9,300 2,355 11,655 (2,760)2011
Texas
Arlington3311 Pinewood Drive— 2,374 413 385 2,759 413 3,172 (1,205)2007
Arlington401 N. Great Southwest Parkway— 5,767 1,246 1,445 7,212 1,246 8,458 (2,320)2012
Cedar Hill1650 U.S. Highway 67— 11,870 4,066 2,298 14,168 4,066 18,234 (4,550)2016
Conroe16548 Donwick Drive— 20,995 1,853 1,631 22,626 1,853 24,479 (4,274)2018
El Paso32 Celerity Wagon— 3,532 — 264 3,796 — 3,796 (929)2017
El Paso48 Walter Jones Boulevard — 10,250 — 1,255 11,505 — 11,505 (2,746)2017
El Paso1601 Northwestern Drive— 9,052 1,248 899 9,951 1,248 11,199 (3,046)2014
El Paso6500 N. Desert Boulevard— 7,518 1,124 1,242 8,760 1,124 9,884 (2,517)2014
El Paso1550 Northwestern Drive— 14,011 1,854 2,433 16,444 1,854 18,298 (5,047)2014
El Paso1701 Northwestern Drive— 9,897 1,581 2,031 11,928 1,581 13,509 (3,422)2014
El Paso7801 Northern Pass Road— 5,893 1,136 — 5,893 1,136 7,029 (2,027)2015
El Paso12285 Gateway Boulevard West— 22,548 1,725 — 22,548 1,725 24,273 (2,208)2021
El Paso9571 Pan American Drive— 9,382 1,101 150 9,532 1,101 10,633 (724)2022
El Paso9555 Plaza Circle— 4,666 626 146 4,812 626 5,438 (454)2022
El Paso 9494 Escobar Drive— 8,551 701 — 8,551 701 9,252 (666)2022
El Paso47 Butterfield Circle— 3,000 — 1,831 4,831 — 4,831 (1,890)2012
Garland2901 W. Kingsley Road— 5,166 1,344 3,646 8,812 1,344 10,156 (2,382)2014
Grapevine2402 Esters Boulevard— 9,522 — 139 9,661 — 9,661 (1,042)2021
Grapevine2400 Esters Boulevard— 15,029 — 301 15,330 — 15,330 (1,635)2021
Houston18601 Intercontinental Crossing Drive— 8,744 1,505 — 8,744 1,505 10,249 (2,019)2019
Houston9302 Ley Road— 8,879 1,236 310 9,189 1,236 10,425 (1,498)2019
Houston10343 Ella Boulevard— 16,586 1,747 — 16,586 1,747 18,333 (2,386)2019
Houston4949 Windfern Road— 7,610 2,255 578 8,188 2,255 10,443 (2,797)2013
Houston7300 Airport Boulevard— 8,336 2,546 6,803 15,139 2,546 17,685 (3,072)2016
Houston13627 West Hardy— 4,989 1,502 — 4,989 1,502 6,491 (1,615)2017
Houston868 Pear Street— 5,508 953 — 5,508 953 6,461 (1,589)2017
Houston14620 Henry Road— 7,052 927 112 7,164 927 8,091 (1,647)2017
Houston7049 Brookhollow West Drive— 9,283 809 575 9,858 809 10,667 (1,720)2018
Houston10401 S. Sam Houston Parkway— 9,456 1,108 405 9,861 1,108 10,969 (1,573)2019
Humble18727 Kenswick Drive— 11,493 2,255 9,958 21,451 2,255 23,706 (3,554)2019
Irving2450 Valley View Lane— 15,312 5,976 137 15,449 5,976 21,425 (575)2023
Katy1800 North Mason Road— 7,571 2,192 — 7,571 2,192 9,763 (1,576)2019
Katy21601 Park Row Drive— 3,412 1,655 — 3,412 1,655 5,067 (625)2019
Laredo13710 IH 35 Frontage Road— 13,847 2,538 — 13,847 2,538 16,385 (2,729)2019
Laredo13808 Humphrey Road— 10,195 1,535 2,235 12,430 1,535 13,965 (3,204)2017
McAllen5601 West Military Highway— 13,549 818 1,612 15,161 818 15,979 (1,945)2020
Mission802 Trinity Street— 12,623 1,882 663 13,286 1,882 15,168 (2,829)2018
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
Rockwall3400 Discovery Boulevard— 16,066 2,683 — 16,066 2,683 18,749 (4,440)2017
Socorro11320 Gateway Boulevard East— 27,752 4,430 86 27,838 4,430 32,268 (505)2024
Stafford13720 Stafford Road— 6,570 339 41 6,611 339 6,950 (1,460)2017
Waco101 Apron Road— 1,394 — 922 2,316 — 2,316 (981)2011
Utah
Salt Lake City3175 West 500 South— 26,292 3,939 — 26,292 3,939 30,231 (64)2024
Virginia
Chester2001 Ware Bottom Spring Road— 3,276 775 — 3,276 775 4,051 (1,133)2014
Fredericksburg2031 International Parkway— 15,235 2,182 — 15,235 2,182 17,417 (1,188)2022
Harrisonburg4500 Early Road— 11,057 1,455 2,088 13,145 1,455 14,600 (3,976)2012
IndependenceOne Compair Way— 2,061 226 — 2,061 226 2,287 (678)2012
Norfolk4555 Progress Road — 7,990 1,259 — 7,990 1,259 9,249 (622)2022
North Chesterfield8001 Greenpine Road— 6,174 1,599 942 7,116 1,599 8,715 (1,360)2019
Richmond5250 Klockner Drive— 3,801 819 1,236 5,037 819 5,856 (1,143)2020
Washington
Ridgefield6111 S. 6th Way— 9,711 2,307 780 10,491 2,307 12,798 (2,055)2019
Wisconsin
Appleton1919 W. College Avenue— 5,757 261 219 5,976 261 6,237 (687)2021
Caledonia1343 27th Street— 3,339 225 — 3,339 225 3,564 (767)2018
Cudahy5831 S. Pennsylvania Avenue— 4,751 1,427 — 4,751 1,427 6,178 (879)2020
De Pere2191 American Boulevard— 6,042 525 101 6,143 525 6,668 (2,172)2012
DeForest505-507 Stokely Drive— 5,298 1,131 759 6,057 1,131 7,188 (1,464)2016
Delavan329 Hallberg Street— 2,032 127 232 2,264 127 2,391 (451)2019
Delavan1714 Hobbs Drive— 4,676 241 89 4,765 241 5,006 (863)2019
East Troy2761 Buell Drive— 4,936 304 77 5,013 304 5,317 (1,416)2014
Elkhorn390 Koopman Lane— 3,621 210 — 3,621 210 3,831 (769)2019
Franklin5215 W Airways Avenue— 8,193 1,551 — 8,193 1,551 9,744 (1,026)2021
GermantownN117 W18456 Fulton Drive— 5,956 442 — 5,956 442 6,398 (1,089)2018
GermantownN106 W13131 Bradley Way— 3,269 359 346 3,615 359 3,974 (732)2018
GermantownN102 W19400 Willow Creek Way— 10,908 1,175 — 10,908 1,175 12,083 (2,283)2018
Germantown11900 N. River Lane— 5,977 1,186 22 5,999 1,186 7,185 (2,079)2014
Hartland500 North Shore Drive— 4,634 1,526 — 4,634 1,526 6,160 (1,281)2016
Hudson2700 Harvey Street— 7,982 683 6 7,988 683 8,671 (1,330)2020
Janesville2929 Venture Drive— 17,379 828 1,197 18,576 828 19,404 (5,967)2013
Kenosha9625 55th Street— 3,968 797 763 4,731 797 5,528 (1,386)2016
Madison4718 Helgesen Drive— 6,296 609 531 6,827 609 7,436 (1,429)2017
Madison4722 Helgesen Drive— 4,489 444 39 4,528 444 4,972 (946)2017
Mayville605 Fourth Street— 4,118 547 623 4,741 547 5,288 (2,259)2007
Mukwonago103 Hill Court— 10,791 1,478 219 11,010 1,478 12,488 (1,195)2021
MuskegoS64 W15660 Commerce Center Parkway— 5,469 393 154 5,623 393 6,016 (1,070)2020
New Berlin16250 West Woods Edge Drive— 15,917 277 — 15,917 277 16,194 (2,421)2019
New Berlin16555 W. Smalls Road— 20,176 955 — 20,176 955 21,131 (1,866)2021
Initial Cost to STAG Industrial, Inc.Gross Amounts at Which Carried at December 31, 2024
State & CityAddress
Encumbrances(1)
Building & Improvements(2)
Land(3)
Costs Capitalized Subsequent to Acquisition and Valuation ProvisionBuilding & Improvements LandTotal
Accumulated Depreciation(4)
Year Acquired
New Berlin5600 S. Moorland Road— 6,409 1,068 82 6,491 1,068 7,559 (2,007)2013
Oak Creek525 West Marquette Avenue— 4,249 526 100 4,349 526 4,875 (891)2018
Oak Creek7475 South 6th Street— 6,125 805 355 6,480 805 7,285 (1,473)2018
PewaukeeW288 N2801 Duplainville Road— 6,624 841 1,001 7,625 841 8,466 (2,024)2018
PewaukeeW277 N2837 Duplainville Road— 4,516 439 52 4,568 439 5,007 (1,106)2018
Pleasant Prairie8901 102nd Street— 4,899 523 713 5,612 523 6,135 (1,148)2018
Sun Prairie1615 Commerce Drive— 5,809 2,360 4,540 10,349 2,360 12,709 (3,356)2011
SussexW251 N5350 Business Drive— 13,026 1,212 15 13,041 1,212 14,253 (331)2024
West Allis2207 S. 114th Street— 1,757 462 2,338 4,095 462 4,557 (1,122)2015
West Allis2075 S. 114th Street— 1,848 444 1,736 3,584 444 4,028 (960)2015
West Allis2145 S. 114th Street— 846 252 1,051 1,897 252 2,149 (557)2015
West Allis2025 S. 114th Street— 956 251 838 1,794 251 2,045 (455)2015
Yorkville13900 West Grandview Parkway— 4,886 416 323 5,209 416 5,625 (1,437)2014
Developments in Process
Lebanon, TNMaddox-Simpson Parkway— — 549 18,014 18,014 549 18,563 — 2019
Concord, NC2711 Concord Parkway South— 910 3,553 1,329 2,239 3,553 5,792 — 2024
Concord, NC2711 Concord Parkway South— 910 3,553 1,330 2,240 3,553 5,793 — 2024
North Plains, OR28925 NW Union Road— 1,888 4,778 14,116 16,004 4,778 20,782 — 2024
Reno, NVResource Drive— — 1,896 4,912 4,912 1,896 6,808 — 2024
Reno, NVEcho Avenue — — 8,959 6,224 6,224 8,959 15,183 — 2024
Total(5)(6)
$(4,322)$5,709,918 $771,794 $671,068 $6,380,986 $771,794 $7,152,780 $(1,085,866)
(1)Balance excludes the net unamortized balance of fair market value discount of approximately $0.1 million.
(2)The initial costs of buildings and improvements is the acquisition costs and non-cash transfers of acquired other assets to initial cost of building and improvements, less asset impairment write-downs and disposals of building and tenant improvements.
(3)Represents values at acquisition date less any impairments.
(4)Depreciation expense is computed using the straight-line method based on the following estimated useful lives.
Description Estimated Useful Life
Building40 Years
Building and land improvements (maximum)20 Years
Tenant improvementsShorter of useful life or terms of related lease
(5)As of December 31, 2024, the aggregate cost for federal income tax purposes of investments in real estate was approximately $8.0 billion.
(6)The following table summarizes our real estate and accumulated depreciation per Schedule III for the years ended December 31, 2024, 2023 and 2022.
Year ended December 31,
Real Estate and Accumulated Depreciation (in thousands)202420232022
Real Estate:   
Balance at beginning of period$6,459,001 $6,123,295 $5,664,907 
Additions during period   
Acquisitions628,052 304,057 423,918 
Improvements, etc.184,586 105,112 120,151 
Other additions— — — 
Deductions during period   
Cost of real estate sold(109,313)(66,565)(80,470)
Write-off of tenant improvements(4,579)(3,930)(3,428)
Asset impairments and involuntary conversion(4,967)(2,968)(1,783)
Balance at the end of the period including assets held for sale7,152,780 6,459,001 6,123,295 
Assets held for sale— — (6,324)
Balance at the end of the period excluding assets held for sale$7,152,780 $6,459,001 $6,116,971 
Accumulated Depreciation:   
Balance at beginning of period$921,846 $764,809 $611,867 
Additions during period   
Depreciation and amortization expense185,711 177,358 170,088 
Other additions— — — 
Deductions during period   
Disposals(21,691)(20,321)(17,146)
Balance at the end of the period including assets held for sale1,085,866 921,846 764,809 
Assets held for sale— — (1,681)
Balance at the end of the period excluding assets held for sale$1,085,866 $921,846 $763,128