Looking ahead, Crooker said STAG expects 180 million square feet of deliveries or less in 2026, “much of which will be driven by build-to-suit transactions.” He added that the company anticipates net absorption will improve in 2026, supporting another year of positive rent growth. Management expects national vacancy to peak in the first half of 2026, with an “inflection point” in the back half of 2026.Crooker attributed part of the operating momentum to an improving industrial supply environment, noting del ...