secwatch.observer — SEC 8-K summary
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Issuer:     STAG Industrial, Inc. (STAG)
CIK:        0001479094
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001479094-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STAG Industrial Q1 net income $49.4M ($0.28/sh); Core FFO $0.55, up 3.8% YoY
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- Net income $49.4M ($0.28/sh) vs $52.8M ($0.30/sh) YoY; Core FFO $0.55/sh (+3.8%).
- Cash NOI $132.6M (+7.8%); Same-Store Cash NOI $122.7M (+5.9%).
- Operating portfolio occupancy 98.1%; cash rent change on new leases 25.3%, straight-line 35.3%.
- Sold two buildings for $37.2M; paid off $100M fixed-rate senior unsecured note.
- Appointed Steven T. Kimball as EVP – Real Estate Operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479094/000147909423000009/0001479094-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479094/000147909423000009/stag-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001479094-23-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer