Bill Crooker, president and CEO of STAG Industrial, Inc. (NYSE: STAG), sat down for a video interview during Nareit’s REITworld: 2025 Annual Conference in Dallas, Dec. 8–11.
Crooker discussed how STAG is seeing strong leasing momentum driven by broad-based demand across multiple industries. By the third quarter, the company had completed 100% of 2025 leasing and had already addressed roughly 57% of expected 2026 leasing, reflecting tenants’ willingness to renew early and confidence in industrial space demand. This early activity is up meaningfully from prior years and supports a positive outlook for the sector.
On the investment side, STAG continues to prioritize CBRE Tier 1 markets, favoring locations and building types that align with strong submarket demand. Discipline remains central to its strategy, with acquisitions required to meet strict accretion, return, and growth thresholds based on cost of capital and long-term performance expectations.
Looking ahead to 2026, STAG’s priorities largely mirror 2025. The company is focused on driving internal growth through higher rollover lease rates, targeting approximately 20% increases. Management also expects acquisition activity to improve and plans to build further on the success of its development platform, which has become an increasingly important growth driver.