STAG Industrial is a publicly traded real estate investment trust that acquires, develops, owns, and operates industrial properties across the United States, providing long-term stakeholders with real estate income through a diversified portfolio of warehouse, logistics, and light manufacturing facilities. The company generates revenue by leasing its properties to tenants under long-term agreements and pursues a disciplined strategy of acquiring individual or small groups of properties in institutional-quality industrial markets, focusing on assets that require relatively low maintenance capital spending. STAG operates as an umbrella partnership REIT to qualify for favorable tax treatment, distributing substantially all taxable income to shareholders while maintaining a strong balance sheet and diversified tenant and industry base.