Company Description
Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis.
The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe.
The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million.
NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time.
Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy.
Over the course of its 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.
| Country | United States |
| Industry | REIT - Office |
| Sector | Real Estate |
| Employees | 197 |
| CEO | Jason E. Fox |
Contact Details
Address: C/o W. P. Carey Inc., One Manhattan West, 395 9th Ave. 58 Fl New York, New York 10001 United States | |
| Phone | (844) 656-7348 |
| Website | nloproperties.com |
Stock Details
| Ticker Symbol | NLOP |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001952976 |
| CUSIP Number | 64110Y108 |
| ISIN Number | US64110Y1082 |
| Employer ID | 92-0887849 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Jason E. Fox | Chief Executive Officer and Chair of the Board |
| Toni Ann Sanzone CPA | Chief Financial Officer |
| Brian H. Zander | Chief Accounting Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 10, 2024 | 8-K | Current Report |
| May 10, 2024 | 10-Q | Quarterly Report |
| Apr 5, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Mar 6, 2024 | 8-K | Current Report |
| Mar 6, 2024 | 10-K | Annual Report |
| Feb 14, 2024 | SCHEDULE 13G | Filing |
| Feb 13, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 8, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Feb 2, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |