Stag Industrial, Inc. · NYSE:STAG
Stag Industrial — NAREIT Update November 2022
9 slides from Stag Industrial's conference presentation, November 2022
Slide 1: STAG Industrial NAREIT Update – November 2022
STAG INDUSTRIAL NAREIT UPDATE – NOVEMBER 2022
Slide 2: Forward-Looking Statements & Definitions
FORWARD-LOOKING STATEMENTS & DEFINITIONS Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. STAG Industrial, Inc. (ST
Slide 3: Portfolio Growth & Quality
PORTFOLIO GROWTH & QUALITY IPO Era1 Q4 2015 TODAY 2 Portfolio Sq. Ft. (millions) 14.2 54.7 111.6 Properties 93 291 563 Portfolio Growth Number of States 26 38 41 IPO Era Q4 2015 TODAY Prim. and Sec. Market Exp. by % ABR 74.1% 87.6% 96.4% Flex/Office (% of ABR) 21.1% 3.9% 0.1% Portfolio Quality Weigh
Slide 4: Portfolio Optimization & Balance Sheet
PORTFOLIO OPTIMIZATION & BALANCE SHEET IPO Era 1 Q4 2015 TODAY 2 WA Portfolio Escalators 1.25% ~ 1.75% ~ 2.50% Leasing Spreads (Cash) 4.7% 1.6% ~ 25% Internal Growth Leasing Spreads (GAAP) 6.1% 7.1% > 30% Optimization Cash ssNOI % Growth No 0.6% > 5.0% Growth IPO Era Q4 2015 TODAY Equity market capi
Slide 5: Multi-Faceted Approach to Creating Value
MULTI-FACETED APPROACH TO CREATING VALUE VALUE-ADD ACTIVITY, EXPANSION, AND DEVELOPMENT STAG completed more Value-Add & Development projects since 2020 than it did from IPO to 2019 20+ value-add leasing projects identified and ~ 20 building expansion projects identified & Three successful developmen
Slide 6: Impact of Pandemic on Ecommerce Activity and Supply Chain Configuration
IMPACT OF PANDEMIC ON ECOMMERCE ACTIVITY AND SUPPLY CHAIN CONFIGURATION Accelerating re-shoring and “Just-in-case” inventory and E-commerce and supply near-shoring trends continue reverse logistics needs ~40% of STAG’s portfolio chain reconfiguration to drive domestic warehouse incrementally drive i
Slide 7: Balance Sheet & Liquidity Update
BALANCE SHEET & LIQUIDITY UPDATE ESTIMATED LIQUIDITY AS OF NOVEMBER 7, 2022 Cash on balance sheet $18.6 million ESTIMATED LIQUIDITY EXCLUDING UNDRAWN REVOLVER BALANCE $18.6 million Undrawn revolver balance $877.0 million TOTAL ESTIMATED LIQUIDITY AS OF NOVEMBER 7, 2022 $895.6 million Net Debt to Ann
Slide 8: Appendix
INDUSTRIAL APPENDIX
Slide 9: Non-GAAP Reconciliations
NON-GAAP RECONCILIATIONS (in thousands) Twelve months ended June 30, 2012 1 Twelve months ended December 31, 2015 Cash Available For Distribution Reconciliation Net loss $ (6,218) $ (29,345) Rental property depreciation and amortization 34,478 110,421 Loss on impairments 622 29,272 Gain on the sales