Stephen C.  Mecke net worth and biography

Stephen Mecke Biography and Net Worth

Mr. Mecke has served as our Chief Operating Officer and Executive Vice President since 2011. Prior to the formation of our company, Mr. Mecke served as Chief Investment Officer for STAG Capital Partners, LLC and STAG Capital Partners III, LLC from 2004 to 2011, where he was responsible for all asset acquisition and asset management activities. Prior to joining our predecessor business, Mr. Mecke ran the acquisitions groups for M|P|A, a private real estate fund that represented a large east coast endowment fund, from June 2001 to November 2004. Mr. Mecke also worked at Meditrust Corporation, a publicly traded real estate investment trust, as Vice President of Acquisitions and various other positions from June 1992 to December 2000. Mr. Mecke holds a Bachelor of Arts degree from Hobart College and a Master of Business Administration degree from Northeastern University.

What is Stephen C. Mecke's net worth?

The estimated net worth of Stephen C. Mecke is at least $1.98 million as of January 7th, 2021. Mr. Mecke owns 52,000 shares of STAG Industrial stock worth more than $1,980,940 as of March 28th. This net worth estimate does not reflect any other assets that Mr. Mecke may own. Learn More about Stephen C. Mecke's net worth.

How do I contact Stephen C. Mecke?

The corporate mailing address for Mr. Mecke 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 Stephen C. Mecke's contact information.

Has Stephen C. Mecke been buying or selling shares of STAG Industrial?

Stephen C. Mecke has not been actively trading shares of STAG Industrial over the course of the past ninety days. Most recently, Stephen C. Mecke sold 50,000 shares of the business's stock in a transaction on Thursday, January 7th. The shares were sold at an average price of $29.90, for a transaction totalling $1,495,000.00. Following the completion of the sale, the chief operating officer now directly owns 52,000 shares of the company's stock, valued at $1,554,800. Learn More on Stephen C. Mecke'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 7 times. They sold a total of 124,260 shares worth more than $4,655,389.70. 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.

Stephen C. Mecke Insider Trading History at STAG Industrial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/7/2021Sell50,000$29.90$1,495,000.0052,000View SEC Filing Icon  
1/8/2020Sell51,212$31.32$1,603,959.8446,549View SEC Filing Icon  
1/7/2019Sell50,000$24.45$1,222,500.0015,452View SEC Filing Icon  
1/4/2019Sell13,452$24.28$326,614.5615,452View SEC Filing Icon  
1/5/2018Sell30,000$26.41$792,300.0032,000View SEC Filing Icon  
10/6/2015Sell2,000$19.00$38,000.008,000View SEC Filing Icon  
5/1/2015Sell1,250$21.83$27,287.50View SEC Filing Icon  
2/2/2015Sell1,250$25.69$32,112.50View SEC Filing Icon  
11/3/2014Sell1,250$24.49$30,612.50View SEC Filing Icon  
8/1/2014Sell1,250$22.90$28,625.00View SEC Filing Icon  
See Full Table

Stephen C. Mecke Buying and Selling Activity at STAG Industrial

This chart shows Stephen C Mecke'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. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, 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, 2023, we owned 569 buildings in 41 states with approximately 112.3 million rentable square feet, consisting of 493 warehouse/distribution buildings, 70 light manufacturing buildings, one flex/office building, and five Value Add Portfolio buildings. In addition, as of December 31, 2023, we had six development projects (which are not included in the building count noted above). While the majority of our portfolio consists of single-tenant properties, we also own a growing number of multi-tenant properties. As of December 31, 2023, our buildings were approximately 98.2% leased, with no single tenant accounting for more than approximately 2.9% of our total annualized base rental revenue and no single industry accounting for more than approximately 11.0% of our total annualized base rental revenue. We intend to maintain a diversified mix of tenants to limit our exposure to any single tenant or industry. As of December 31, 2023, our Operating Portfolio was approximately 98.4% leased. SL Rent Change on new and renewal leases together grew approximately 44.0% and 24.3% during the years ended December 31, 2023 and 2022, respectively, and our Cash Rent Change on new and renewal leases together grew approximately 31.0% and 14.3% during the years ended December 31, 2023 and 2022, respectively. We have fully integrated acquisition, leasing and operations platforms led by a senior management team with decades of industrial real estate experience. Our mission is to deliver attractive long-term stockholder returns in all market environments by growing cash flow through disciplined investment in high-quality real estate while maintaining a strong balance sheet.
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Today's Range

Now: $38.29
Low: $38.18
High: $38.50

50 Day Range

MA: $37.77
Low: $36.92
High: $39.11

2 Week Range

Now: $38.29
Low: $31.69
High: $39.61

Volume

306,545 shs

Average Volume

1,173,451 shs

Market Capitalization

$6.96 billion

P/E Ratio

35.45

Dividend Yield

3.94%

Beta

1.02