Jeffrey M.  Sullivan net worth and biography

Jeffrey Sullivan Biography and Net Worth

Mr. Sullivan has served as our Executive Vice President, General Counsel and Secretary since January 2015. From 2012 to 2014, Mr. Sullivan was a partner in the corporate group of Hunton & Williams LLP, and from 2005 to 2012, Mr. Sullivan was a partner in the finance group of DLA Piper LLP (US). Before joining DLA Piper LLP (US), Mr. Sullivan was an associate and then partner in the corporate transactions and securities group of Alston & Bird LLP from 1998 to 2005. While in private practice, Mr. Sullivan focused on securities law, mergers and acquisitions, corporate governance matters and general corporate law, primarily involving real estate investment trusts and other real estate companies, private equity funds and underwriters. Mr. Sullivan holds a Bachelor of Arts degree from University of North Carolina at Chapel Hill and a Juris Doctor degree from Vanderbilt University Law School.

What is Jeffrey M. Sullivan's net worth?

The estimated net worth of Jeffrey M. Sullivan is at least $1.37 million as of September 4th, 2019. Mr. Sullivan owns 35,815 shares of STAG Industrial stock worth more than $1,372,073 as of February 26th. This net worth estimate does not reflect any other assets that Mr. Sullivan may own. Additionally, Mr. Sullivan receives an annual salary of $783,750.00 as EVP at STAG Industrial. Learn More about Jeffrey M. Sullivan's net worth.

How old is Jeffrey M. Sullivan?

Mr. Sullivan is currently 55 years old. There are 5 older executives and no younger executives at STAG Industrial. The oldest executive at STAG Industrial is Mr. Benjamin S. Butcher, Executive Director, who is 71 years old. Learn More on Jeffrey M. Sullivan's age.

What is Jeffrey M. Sullivan's salary?

As the EVP of STAG Industrial, Inc., Mr. Sullivan earns $783,750.00 per year. There are 3 executives that earn more than Mr. Sullivan. The highest earning executive at STAG Industrial is Mr. William R. Crooker, CEO, President & Director, who commands a salary of $1,450,000.00 per year. Learn More on Jeffrey M. Sullivan's salary.

How do I contact Jeffrey M. Sullivan?

The corporate mailing address for Mr. Sullivan and other STAG Industrial executives is ONE FEDERAL STREET 23RD FLOOR, BOSTON MA, 02110. STAG Industrial can also be reached via phone at (617) 574-4777 and via email at [email protected]. Learn More on Jeffrey M. Sullivan's contact information.

Has Jeffrey M. Sullivan been buying or selling shares of STAG Industrial?

Jeffrey M. Sullivan has not been actively trading shares of STAG Industrial during the last ninety days. Learn More on Jeffrey M. Sullivan's trading history.

Who are STAG Industrial's active insiders?

STAG Industrial's insider roster includes Benjamin Butcher (CEO), Virgis Colbert (Director), William Crooker (CEO), Stephen Mecke (COO), Jaclyn Paul (CAO), and Jeffrey Sullivan (EVP). Learn More on STAG Industrial's active insiders.

Are insiders buying or selling shares of STAG Industrial?

During the last twelve months, insiders at the real estate investment trust sold shares 8 times. They sold a total of 148,171 shares worth more than $5,416,237.72. The most recent insider tranaction occured on December, 21st when CAO Jaclyn Paul sold 12,900 shares worth more than $497,553.00. Insiders at STAG Industrial own 1.1% of the company. Learn More about insider trades at STAG Industrial.

Information on this page was last updated on 12/21/2023.

Jeffrey M. Sullivan Insider Trading History at STAG Industrial

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Jeffrey M. Sullivan Buying and Selling Activity at STAG Industrial

This chart shows Jeffrey M. Sullivan's buying and selling at STAG Industrial by year and by quarter.

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STAG Industrial Company Overview

STAG Industrial logo
We are a REIT focused on the acquisition, ownership and operation of industrial properties throughout the United States. We seek to (i) identify properties for acquisition that offer relative value across all locations, industrial property types, and tenants through the principled application of our proprietary risk assessment model, (ii) operate our properties in an efficient, cost-effective manner, and (iii) capitalize our business appropriately given the characteristics of our assets. We are organized and conduct our operations to maintain our qualification as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), and generally are not subject to federal income tax to the extent we currently distribute our income to our stockholders and maintain our qualification as a REIT. We remain subject to state and local taxes on our income and property and to U.S. federal income and excise taxes on our undistributed income. As of December 31, 2022, we owned 562 buildings in 41 states with approximately 111.7 million rentable square feet, consisting of 484 warehouse/distribution buildings, 74 light manufacturing buildings, one flex/office building, and three Value Add Portfolio buildings. While the majority of our portfolio consists of single-tenant properties, we also own multi-tenant properties and may re-lease originally single-tenant properties to multiple tenants. As of December 31, 2022, our buildings were approximately 98.5% leased, with no single tenant accounting for more than approximately 3.0% of our total annualized base rental revenue and no single industry accounting for more than approximately 10.9% of our total annualized base rental revenue. We intend to maintain a diversified mix of tenants to limit our exposure to any single tenant. As of December 31, 2022, our Operating Portfolio was approximately 99.0% leased and our SL Rent Change on new and renewal leases together grew approximately 24.3% and 17.6% during the years ended December 31, 2022 and 2021, respectively, and our Cash Rent Change on new and renewal leases together grew approximately 14.3% and 10.4% during the years ended December 31, 2022 and 2021, respectively. We have a fully-integrated acquisition, leasing and asset management platform, and our senior management team has a significant amount of industrial real estate experience. Our mission is to continue to be a disciplined, relative value investor and a leading owner and operator of industrial properties in the United States. We seek to deliver attractive stockholder returns in all market environments by providing a covered dividend combined with accretive growth.
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Today's Range

Now: $38.31
Low: $38.30
High: $38.77

50 Day Range

MA: $38.32
Low: $36.92
High: $39.58

2 Week Range

Now: $38.31
Low: $31.01
High: $39.61

Volume

812,600 shs

Average Volume

1,181,832 shs

Market Capitalization

$6.96 billion

P/E Ratio

35.47

Dividend Yield

3.86%

Beta

1.03