BOSTON--(BUSINESS WIRE)-- STAG Industrial, Inc. (NYSE:STIR), a company focused on the acquisition, ownership and management of single-tenant industrial properties throughout the United States, announced that on April 20, 2011 it closed its initial public offering of 13,750,000 shares at a price to the public of $13.00 per share. The shares of common stock are traded on the New York Stock Exchange under the ticker symbol “STIR.”
BofA Merrill Lynch, J.P. Morgan and UBS Investment Bank were the joint book-running managers for the offering, and RBC Capital Markets, Evercore Partners, Keefe, Bruyette & Woods and RBS were the co-managers for the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
A copy of the final prospectus related to the offering has been filed with the Securities and Exchange Commission and can be obtained by contacting (a) BofA Merrill Lynch, Attention: Prospectus Department, 4 World Financial Center, New York, NY 10080 or by e-mail: [email protected]; (b) J.P. Morgan Securities LLC, Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by calling 866-803-9204; or (c) UBS Securities LLC, Attention: Prospectus Department, 299 Park Avenue, New York, NY 10171 or by calling 877-827-7275.
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. STAG’s portfolio consists of 91 properties in 26 states with approximately 13.9 million rentable square feet.