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STAG Industrial, Inc. Announces the Acquisition of an $11 Million Warehouse and Distribution Facility

^{Published on 2011-07-28 14:15:50 - Market Wire}
 

BOSTON--([ BUSINESS WIRE ])--STAG Industrial, Inc. (NYSE:STAG) today announced the acquisition of a $10.7 million, 305,550 square foot warehouse and distribution facility located in Hazelwood, Missouri.

The building is situated on 15.8 acres of land at 7275 Hazelwood Ave in Hazelwood, Missouri. The building was constructed in 1970, expanded in 1984 and renovated in 2008. This warehouse and distribution facility is 100% leased to Cott Beverages, Inc. with approximately seven years of remaining term.

Cott Beverages, Inc. is a wholly owned subsidiary of Cott Corporation (NYSE: COT). Cott Corporation is a non-alcoholic beverage company that engages in the production, packaging, and distribution of retailer brand and branded bottled and canned soft drinks, juices, energy drinks and teas in North America and internationally. It primarily serves grocery, mass-merchandise, drugstore, wholesale, and convenience store chains.

About STAG Industrial, Inc.

STAG Industrial,Inc. is a newly formed, self-administered and self-managed full-service real estate company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States. STAGa™s portfolio consists of 95 properties in 26 states with approximately 14.9million rentable square feet.

For additional information, please visit the Companya™s website at [ www.stagindustrial.com ].

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section27A of the Securities Act of 1933, as amended, and Section21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," awill,a "expect," "intend," "anticipate," "estimate," ashould,a "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Companya™s final prospectus related to its initial public offering, as updated by the Companya™s annual and quarterly reports. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Companya™s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.