Steven T. Kimball Elevated to Chief Operating Officer at STAG Industrial

On July 31, 2025, STAG Industrial, Inc. announced the promotion of Steven T. Kimball to the position of Chief Operating Officer, effective August 1, 2025. This strategic appointment comes as the company aims to reinforce its operational capabilities and enhance its real estate management prowess.

Steve Kimball has been a key member of the STAG team since early 2023, where he served as the Executive Vice President of Real Estate Operations. His contributions have been vital in developing a scalable operational platform and expanding the company’s development initiatives. Bill Crooker, the President and CEO of STAG Industrial, praised Kimball's efforts, stating, "He has done outstanding work since joining us and is instrumental in our initiatives."

Before joining STAG, Kimball held the position of Executive Director at PGIM Real Estate from 2021 to 2023 and worked for Prologis, Inc. from 1995 until 2021, where he progressed through various roles, ultimately serving as Managing Director and Head of Operations for the East Region. Kimball’s extensive experience in the industrial real estate sector will be beneficial as the company moves forward.

Kimball's academic background includes a Bachelor of Science degree from the University of Vermont and a Master of Business Administration from the University of Colorado Boulder. His expertise aligns perfectly with STAG Industrial's mission to enhance operational efficiency and tenant experience through effective property management.

In the context of the greater real estate landscape, STAG Industrial is recognized as a real estate investment trust focusing on acquiring, developing, owning, and operating industrial properties across the United States. As of June 30, 2025, the company’s portfolio includes 600 buildings spread across 41 states, encompassing around 118.3 million rentable square feet. This substantial footprint underscores the significance of Kimball’s role as COO in steering the company ahead during a critical growth period.

STAG Industrial operates with a commitment to positive tenant experiences, making strategic decisions to enhance property management. With Kimball at the helm of operations, the company is positioned to navigate evolving market trends and demands effectively.

As the company embarks on this new chapter, it remains focused on scaling its operations and ensuring that its properties meet the changing needs of tenants. The leadership transition to Kimball exemplifies a forward-thinking approach and commitment to excellence within the organization.

For more details about STAG Industrial and its initiatives, you can visit their official website at www.stagindustrial.com. Given the current market dynamics, the company continues to position itself for long-term success, with Kimball's leadership playing an integral role in shaping that future.

This advancement comes with the anticipation of more innovative strategies to enhance operational efficiencies and tenant satisfaction in the industrial market, reflecting STAG's commitment to maintaining its competitive edge. As the company evolves, it remains steadfastly focused on its core pillars of growth, operational excellence, and customer service within the realm of industrial real estate management.

Topics General Business)

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