Net Lease Office Properties Declares Special Cash Distribution of $5.10 Per Share


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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.

Net Lease Office Properties Logo (PRNewsfoto/Net Lease Office Properties)

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/net-lease-office-properties-declares-special-cash-distribution-of-5-10-per-share-302647602.html

SOURCE Net Lease Office Properties

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