---
schema_version: "secwatch.filing_event.v1"
accession: "0001479094-23-000026"
form_type: "8-K"
ticker: "STAG"
cik: "0001479094"
company_name: "STAG Industrial, Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:27:09.213575+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# STAG Industrial Q3 Core FFO $0.59 per share, up 3.5% YoY; Cash NOI $140.7M up 6.7%

## Summary
- Net income $50.0M ($0.28/diluted share) vs $63.3M ($0.35) YoY; Core FFO $0.59/diluted share, up 3.5%.
- Cash NOI $140.7M (+6.7% YoY); Same Store Cash NOI $125.9M (+5.3% YoY).
- Acquired 12 buildings for $204.3M at 6.2% cash cap rate; sold two non-core buildings for $28.4M.
- Record leasing spreads: Cash Rent Change 39.3%, Straight-Line 54.2%; occupancy 97.6%.
- Addressed 97.9% of 2023 expected leasing (12.9M sq ft) at 30.1% cash rent change.

## SEC filing metadata
- accession: 0001479094-23-000026
- form_type: 8-K
- ticker: STAG
- cik: 0001479094
- company_name: STAG Industrial, Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1479094/000147909423000026/0001479094-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1479094/000147909423000026/stag-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001479094-23-000026
- JSON: https://secwatch.observer/filing/0001479094-23-000026.json
- Plain text: https://secwatch.observer/filing/0001479094-23-000026.txt

## Key facts
- Earnings Releases
  STAG Industrial, Inc. reported the quarter ended September 30, 2023 results: net income $50.0 million, EPS $0.28.
  - Period: the quarter ended September 30, 2023
  - Net income: $50.0 million
  - EPS: $0.28
  - Result: reported results
  source text: STAG INDUSTRIAL ANNOUNCES THIRD QUARTER 2023 RESULTS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1479094/000147909423000026/0001479094-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.