STAG Industrial forecasts 2026 same-store cash NOI growth of 3%-3.5%

STAG•2026-09-10

STAG Industrial set 2026 same-store cash NOI growth at 3%-3.5%, supported by ~2.9% weighted-average portfolio escalators.
Cash rent change expected at 18%-20%; 97.6% of 2026 new and renewal leasing addressed on 17.4 million square feet, with 20.5% achieved.
Net debt to annualized run-rate adjusted EBITDAre forecast at 5-5.5x; secured debt below 0.1%.
Acquisitions outlook set at $400 million-$700 million at 6%-6.5% stabilized cash cap rates; dispositions targeted at $100 million-$200 million.
G&A expected at $53 million-$56 million; credit loss assumption set at 30 basis points with same-store occupancy averaging 96.25%-97.25%.

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