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
institutionalir@nloproperties.com
Individual Investors:
1-844-NLO REIT (656-7348)
ir@nloproperties.com
Press Contact:
Anna McGrath
1-212-492-1166
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SOURCE Net Lease Office Properties