Driven by Continued E-commerce Growth, Industrial Fundamentals are “Extremely Strong”
June 26, 2023 | Diane Rusignola | Nareit
Bill Crooker, president and CEO of STAG Industrial, Inc. (NYSE: STAG), participated in a video interview at Nareit’s REITweek: 2023 Investor Conference, held in New York June 6-8.
Crooker said that industrial fundamentals are “extremely strong” due to record cash-releasing spreads driven by continued growth in e-commerce, as well as near-shoring and on-shoring demands, a new trend within the sector.