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Strategies & Market Trends : BAK - Investing

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From: Zoso_176/22/2012 4:28:17 PM
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Re: STAG

I've been accumulating a small position in STAG. This is a REIT that recently went public and focuses on Class B single tenant industrial properties. They are self-managed and administered. They have a clean balance sheet, and a diverse portfolio across 29 states. They look to buy individual industrial buildings in the $5 million to $25 million range - for example warehouses, distribution centers, and small manufacturing buildings. The dividend yield on the current price is about 7%.
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