STAG Industrial, Inc. (the "Company") (NYSE:STIR(1)) today announced the acquisition of a 231,000 square foot manufacturing and distribution facility located in Lansing, Michigan. This is the Company’s first acquisition since its initial public offering closed on April 20, 2011. The property was acquired for $14.1 million.

The building is situated on 33 acres of land at 7009 West Mount Hope Highway in Lansing, Michigan. The building was constructed in 2006 and is a functional Class A manufacturing and distribution facility subject to a lease with approximately 10 years of remaining term.

The facility is 100% leased to JCIM, LLC (“JCIM”), a subsidiary of the public company, Johnson Controls, Inc. (NYSE: JCI). JCIM designs, manufactures, assembles and supplies plastic components such as door panels, floor assemblies and seating systems for General Motors automobiles.

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 92 properties in 26 states with approximately 14.1 million rentable square feet.

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

(1) On June 2, the Company announced that it would be changing its ticker symbol to “STAG” effective Monday, June 13, 2011.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," “will,” "expect," "intend," "anticipate," "estimate," “should,” "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company’s final prospectus related to its initial public offering, as updated by the Company’s annual and quarterly reports. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

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