secwatch.observer — SEC 8-K summary
======================================

Issuer:     STAG Industrial, Inc. (STAG)
CIK:        0001479094
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001479094-23-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STAG Industrial Q2 net income $0.29/sh, up from $0.18; record 28% cash rent change
--------------------------------------------------------------------------------

- Net income $51.6M ($0.29/sh) vs $32.3M ($0.18/sh) in Q2 2022; Core FFO $0.56/sh flat.
- Cash NOI $134.6M (+4.3% YoY); Same Store Cash NOI +4.5% to $124.2M.
- Occupancy 97.7% on total portfolio; 97.9% on Operating Portfolio at June 30.
- Record leasing spreads: Cash Rent Change 28.0%, Straight-Line 42.6% on 3.6M sq ft.
- Added to S&P MidCap 400 in May; raised $8.9M ATM equity ($61.7M forward).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1479094/000147909423000022/0001479094-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1479094/000147909423000022/stag-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001479094-23-000022

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