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

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Dec 22, 2025, 07:30 ET

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