STAG - Mergers and acquisitions

BOSTON, Dec. 1, 2021 /PRNewswire/ -- STAG Industrial, Inc. (NYSE:STAG) today announced the completion of the nation's largest rooftop community solar project hosted on its facility in Hampstead, MD. The 9.2 MW system is one of three hosted on STAG properties across the state and are part of Maryland's community solar program that provides low-cost renewable energy to local homes and businesses. Co-developed by Summit Ridge Energy and Black Bear Energy, the systems have an aggregate capacity of 11.6 MW and will generate over 15 million kWh of electricity annually - the equivalent of powering nearly 1,500 homes. With the addition of these sites, STAG now hosts over 25.5 MW of solar nationally.

BOSTON, March 3, 2021 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today provided additional detail highlighting features associated with a subset of acquisition activity that has occurred during 2021. The Company acquired the following properties, representing a selection of 2021 aggregate acquisition activity, in January and February. All purchase prices include estimated expenses and are before prorations. The property located in Sacramento, CA, was acquired for $25.9 million. The 267,284 thousand square foot building is 100% leased to a tenant that has occupied the building since 1993. The in-place lease has more than four years of remaining term, annual rental esc