Stag Industrial — NAREIT REITweek 2024

5 slides from Stag Industrial's conference presentation, June 2024

Slide 1: Business Update – June NAREIT 2024
Business Update – June NAREIT 2024
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. (“S
Slide 3: Leasing & Portfolio Update
LEASING & PORTFOLIO UPDATE Q2 2024 FIRST LOOK Q2 2024 YTD FIRST LOOK Market Q1 2024 REPORTED LEASING ACTIVITY Research (COMMENCED) (COMMENCED) (COMMENCED) As of May 28, 2024 As of May 28, 2024 Acquisitions Square feet Accounting 4.3 million 3.5 million 7.8 million & Finance Cash Rent Change + 30.5%
Slide 4: Balance Sheet & Liquidity Update
BALANCE SHEET & LIQUIDITY UPDATE LIQUIDITY PROFILE ESTIMATED LIQUIDITY AS OF MAY 28, 2024 Cash on balance sheet $35.0 million Undrawn Revolver Balance $935.7 million Unfunded Forward Equity $72.1 million TOTAL ESTIMATED LIQUIDITY AS OF MAY 28, 2024 $1.0 billion BALANCED DEBT MATURITY LADDER 2 $865M
Slide 5: Building Blocks of Growth
BUILDING BLOCKS OF GROWTH HISTORICAL TREND 2024 GUIDANCE NOTES Average Same Store Cash NOI growth of ~2.5% over past Same Store Cash NOI growth of 4.75% - 5.25% Expect recent Same Store Cash NOI growth to be nine years • Retention range of 70% – 75% sustainable, driven by increase in rental escalato