Executive leadership at Net Lease Office Properties.
Board of directors at Net Lease Office Properties.
Research analysts covering Net Lease Office Properties.
Recent press releases and 8-K filings for NLOP.
Net Lease Office Properties Completes KBR Property Disposition
NLOP
M&A
- Net Lease Office Properties (NLOP) completed the disposition of a 1,064,788 square foot office building leased to KBR, Inc. in Houston, Texas, on January 15, 2026.
- The sale was made to an unaffiliated third party for a contractual sales price of $66.0 million and net proceeds of approximately $65.4 million.
- Unaudited pro forma consolidated financial statements were provided to reflect the estimated effect of this disposition on past periods.
- The pro forma adjustments indicate that the Net Loss Attributable to NLOP for the nine months ended September 30, 2025, would have been $(69,833) thousand (historically $(145,209) thousand), and for the year ended December 31, 2024, it would have been $(102,100) thousand (historically $(91,471) thousand).
Jan 20, 2026, 9:08 PM
NLOP Declares Special Cash Distribution and Announces Property Sales
NLOP
Dividends
New Projects/Investments
- Net Lease Office Properties (NLOP) declared a special cash distribution of $6.75 per common share, totaling approximately $100 million.
- The distribution is payable on February 17, 2026, to shareholders of record as of January 30, 2026, with the ex-dividend date being February 18, 2026.
- The company also announced the sale of three office properties for gross proceeds totaling approximately $130.6 million.
Jan 20, 2026, 9:05 PM
Net Lease Office Properties Reports Q3 2025 Results, Continues Asset Dispositions and Debt Repayment
NLOP
Earnings
Dividends
- Net Lease Office Properties (NLOP) reported a net loss attributable to NLOP of $(64,161) thousand and AFFO attributable to NLOP of $19,931 thousand for the three months ended September 30, 2025.
- Since its 2023 spin-out, NLOP has disposed of 27 properties, reducing its portfolio to 32 properties with $73 million of annualized base rent (ABR) as of September 30, 2025.
- The company has used disposition proceeds to fully repay $455 million of debt originated at spin, including the J.P. Morgan senior secured mortgage and mezzanine loan, with total consolidated debt at $47,120 thousand as of September 30, 2025.
- NLOP declared a special cash distribution of $3.10 per share in August 2025, and received a $13.0 million lease termination fee from Master Lock in October 2025.
Nov 7, 2025, 9:13 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more