STAG Industrial, Inc. (NYSE: STAG) announced today that Michael C. Chase, Senior Vice President of Acquisitions, is being promoted to the additional role of Chief Investment Officer. This promotion is a part of a larger reorganization of our acquisition platform that will improve its market coverage and efficacy. The reorganized platform, that includes some territory realignment, will position STAG to better capture external growth opportunities going forward.

Prior to his promotion, from 2011 to 2020, Mr. Chase served as Senior Vice President of Acquisitions for the Company. From 2003 to 2011, he served as Managing Director for STAG Capital Partners, LLC, the predecessor to STAG Industrial. There he was responsible for managing an acquisition team in the sourcing, underwriting, negotiating, and closing of deals with a territory of approximately half the country. Mr. Chase received his Bachelor of Science degree from the University of Vermont.

"Mike's contributions to the acquisitions group have been instrumental to the growth of the acquisitions platform and the Company over his 17+ years with the firm." said Ben Butcher, the Company's Chief Executive Officer of the Company. "Mike's promotion and the concurrent acquisition platform reorganization will best align STAG to address the future growth opportunities in the industrial market."

For additional information, including detail related to the territory realignment, please visit the Company's website at www.stagindustrial.com.

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership
and operation of singletenant, industrial properties throughout the United States. As of March 31,

2020, the Company's portfolio consists of 456 buildings in 38 states with approximately 91.8 million rentable square feet.