STAG breakout....now to where?
Given the recent need for industrial space (large industrial spaces) which STAG has a considerable collection of. As long as tenants continue their lease and keep paying we see the same upside potential for product given the rush to LMD and E-Commerce warehousing.
Two things to watch
1. tenant renewals
2. Supply Chain issues
$35 to $36 seems comfortable in the short term though we like the consolidation currently.
Two things to watch
1. tenant renewals
2. Supply Chain issues
$35 to $36 seems comfortable in the short term though we like the consolidation currently.
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