IPO News Archive

Newly formed REIT STAG Industrial files for a $300 million IPO

7/29/10


STAG Industrial, a newly formed REIT with an initial portfolio of 101 single-tenant industrial properties in the US, filed on Thursday with the SEC to raise up to $300 million in an initial public offering. The Boston, MA-based company, whose predecessor was founded in 2003 and booked $30 million in sales last year, plans to list on the NYSE under the symbol STIR. BofA Merrill Lynch and J.P. Morgan are the lead underwriters on the deal. No pricing terms were disclosed.

View IPO Profile: STIR         
Related Links: Recently Filed IPOs
Source: www.RenaissanceCapital.com
Latest User Comments
Attribution Policy: The information contained herein is proprietary and copyrighted. The media is welcome to use our information and ideas, provided that the following sourcing is included: Renaissance Capital, Greenwich, CT (www.renaissancecapital.com).
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital and/or the IPO Plus Fund (symbol: IPOSX) may have investments in securities of companies mentioned.
Invest in the IPO Plus Fund
About Fund Prospectus Invest