Net Lease Office Properties Declares Special Cash Distribution of $1.50 Per Share
PR Newswire•04/11/2026•16:05 ET
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Key Highlights
- ➤NLOP declares $1.50-per-share special cash distribution, totaling approximately $22 million
- ➤Distribution payable December 1, 2026, to shareholders of record November 16
- ➤NLOP sells three office properties for approximately $34.4 million gross proceeds
- ➤Sales include vacant Plano and King of Prussia properties, plus Arbella Insurance asset
- ➤NLOP distributions total $24.19 per share since its November 2023 spin-off
Net Lease Office Properties Declares Special Cash Distribution of $1.50 Per Share PR Newswire
NEW YORK, Nov. 4, 2026 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) reported today that its Board of Trustees declared a special cash distribution of $1.50 per common share, totaling approximately $22 million. The distribution is payable on December 1, 2026 to shareholders of record as of the close of business on November 16, 2026. Including this distribution, NLOP has declared distributions totaling $24.19 per share since being spun off in November 2023.
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