STAG Industrial, Inc. (NYSE:STAG) announced today that it has signed a five and a half year lease for a total of 1 million square feet to a global leader in book publishing at a warehouse distribution facility located in Hampstead, MD. The lease was effective August 1, 2020, resulting in no downtime, has five months of free rent, minimal tenant improvements, and annual escalators of 3%.

"We are pleased to announce this leasing achievement as it exemplifies the quality of our portfolio and our operational capabilities," said Ben Butcher, Chief Executive Officer of the Company. "This transaction significantly outperformed our expectation."

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership and operation of single-tenant, industrial properties throughout the United States. As of June 30, 2020, the Company's portfolio consists of 457 buildings in 38 states with approximately 91.8 million rentable square feet.

For additional information, please visit the Company's website at www.stagindustrial.com.