$Stag Industrial Inc (STAG.US)$ STAG, it’s an industrial pro...
$Stag Industrial Inc(STAG.US$ STAG, it’s an industrial property REIT that leases Singh tenant warehouses to e-commerce or manufacturing companies. They’re biggest tenant is Amazon. So if you believe that e-commerce will keep growing then the sector will do good due to more logistic facilities being needed to process orders. Moreover, if you believe that the USA wants to become less reliant on international manufacturing and wants to bring it more in house then the sector will benefit from this too as they also rent to manufacturing companies. There are more companies in this realm so the moat isn’t amazing per se but I liked it for its growth potential
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PhotoSynth : Very well said,…and without a lot of hyperbole and BS, …so kudos to you.
Another area that they are leasing to now are companies who’ve been waiting forever because of COVID induced port congestion for countless containers of goods coming from overseas!……..but they’ve come in too late to capture the target season they were meant for ……. I.e. …most recently Halloween goods for example. Ships loaded with Halloween container goods were just pulling into port for offload scheduling 2-3 days before Halloween. Well then it’s another week toget them picked up, another 3 days to get them shippped if they’re lucky and then a srorw has to stock those goods……….Too late for their seasonal target,….
So these companies are Very well said,…and without a lot of hyperbole and BS, …so kudos to you. Another area that they are leasing to now are companies who’ve been waiting forever because of COVID induced port congestion for countless containers of goods coming from overseas…….But they’ve come in too late to capture the target season they were meant for …….most recently Halloween for example.
Ships loaded with Halloween container goods were just pulling into port for offload scheduling 2-3 days before Halloween. Well then it’s another week to get them picked up, another 3 days to get them shipppedif they’re lucky,and then a store has to stock those goods……….Too late for their seasonal target,….and these companies are therefore having to lease huge warehousing spaces for these containers or goods for almos another full year until next year’s season opens up for those goods…….Sheesh!
So since the wharehousing buildings around the ports are already packed because of this, it’s forcing companies to seek extra large spaces from companies like Stag……. This is like an annuity for at least the next year and should drive $/sf up over the year and thus the the top and bottom lines.
So just another little fun fact