Net Lease Office Properties Declares Special Cash Distribution of $5.10 Per Share
Announces Sales of Six Office Properties for $76 Million
NEW YORK, Dec. 22, 2025 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) reported today that its Board of Trustees declared a special cash distribution of $5.10 per common share, totaling approximately $75.6 million. The distribution is payable on January 20, 2026 to shareholders of record as of the close of business on January 2, 2026.
The following properties were recently sold for gross proceeds totaling approximately $75.8 million.
Tenant
Tenant Industry
Location
ABR
(at time
of sale)
($000s)
Gross
Sale
Proceeds
($000s)
Square
Feet
Securitas Electronic,
Security, Inc
Electronic Equipment
& Instruments
Plymouth, MN
$1,218
$5,654
182,250
JPMorgan Chase Bank,
N.A.
Diversified Banks
Tampa, FL
$1,934
$13,650
135,733
Vacant (formerly Master
Lock Company, LLC)
N/A
Oak Creek, WI
$0
$2,576
120,883
Cohesity Inc.
Systems Software
Roseville, MN
$2,255
$14,625
136,125
Pioneer Credit
Recovery, Inc.
Diversified Support
Services
Moorestown, NJ
$931
$6,250
65,567
JPMorgan Chase Bank,
N.A.
Diversified Banks
Fort Worth, TX
$4,850
$33,000
386,154
Total
$11,188
$75,755
1,026,712
For additional information on NLOP — including its latest quarterly report on Form 10-Q and related filings — please visit the company's website.
Net Lease Office Properties
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust that owns a portfolio of high-quality, primarily single-tenant office properties located in the U.S. and net leased to corporate tenants operating across a variety of industries.
www.nloproperties.com
Institutional Investors:
1-212-492-1140
[email protected]
Individual Investors:
1-844-NLO REIT (656-7348)
[email protected]
Press Contact:
Anna McGrath
1-212-492-1166
SOURCE Net Lease Office Properties