1. NLOP announced a special cash distribution of $5.10 per share. 2. Total cash distribution amounts to approximately $75.6 million. 3. The distribution is payable on January 20, 2026. 4. NLOP sold six office properties for $75.8 million. 5. Recent sales highlight strong asset management and liquidity.
FAQ
Why Bullish?
The special cash distribution signifies strong financial health, similar to industry leaders like Realty Income Corp. previously raising investor confidence.
How important is it?
The substantial cash distribution indicates NLOP’s commitment to returning value to shareholders, impacting demand for its shares.
Why Short Term?
The upcoming cash distribution should enhance stock attractiveness in the near future, possibly driving price appreciation before the payment date.
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 | Gross | Square |
Securitas Electronic, | Electronic Equipment | Plymouth, MN | $1,218 | $5,654 | 182,250 |
JPMorgan Chase Bank, | Diversified Banks | Tampa, FL | $1,934 | $13,650 | 135,733 |
Vacant (formerly Master | N/A | Oak Creek, WI | $0 | $2,576 | 120,883 |
Cohesity Inc. | Systems Software | Roseville, MN | $2,255 | $14,625 | 136,125 |
Pioneer Credit | Diversified Support | Moorestown, NJ | $931 | $6,250 | 65,567 |
JPMorgan Chase Bank, | 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.
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