William Crooker

Chief Executive Officer, President & Director, Stag Industrial

Search every verified William Crooker interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a December 2024 interview, Crooker stated that STAG Industrial’s same-store net operating income (NOI) reached record levels in 2023, driven by cash re-leasing spreads of approximately 30%. He said the company had been “very prudent with our capital allocation” and that its balance sheet was “in great shape.” Looking to 2024, Crooker said he expected leasing spreads to remain at record highs and that a normalization of capital markets could create “great opportunities,” including a new development in the Tampa market expected to complete in the fourth quarter. Earlier, in a 2019 presentation, Crooker described industrial real estate as “currently the best asset class” due to e-commerce growth, limited supply, and strong rent growth. He noted that STAG’s investment thesis involves buying single-tenant buildings at higher cap rates, focusing on cash flow, and that the company avoids the top six markets to find higher yields. He also stated that since its 2011 IPO, STAG had grown its dividend every year and returned approximately 300% total shareholder return.