Net Lease Office Properties
Close on Oct 19, 2026
- Market cap
- $142.96M
- P/E (TTM)
- –
- Dividend yield
- 74.61%
About Net Lease Office Properties
Real Estate Investment Trusts, SIC 6798
Net Lease Office Properties is an externally managed Maryland real estate investment trust that owns and manages a portfolio of commercial office properties. The company leases single-tenant office facilities to corporate clients across diverse industries under long-term net leases, where tenants cover base rent along with property maintenance and operational costs. Its business centers on generating rental revenue and executing asset dispositions to maximize capital returns.
The company operates entirely within the United States, holding interests in 24 office properties spanning approximately 3.4 million square feet leased to 26 corporate tenants as of late 2025. Significant asset concentrations include Texas and California. NLOP has no direct employees and relies on an external advisor for operations. The text identifies the firm as a Maryland real estate investment trust but does not state its headquarters city.
Summary of the business section of Net Lease Office Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Net Lease Office Properties
- Founded
- 2022
- Headquarters
- New York, NY
- Address
- C/O W. P. Carey Inc., One Manhattan West, 395 9th Ave. 58 Fl 10001
- Phone
- (844) 656-7348
- Website
- nloproperties.com
- Employees
- 197, Dec 31, 2023
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, New York, New York
Stock & identifiers
- Ticker
- NLOP
- Exchange
- NYSE
- Shares outstanding
- 15M, Jul 31, 2026
- Public float
- $479.10M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- Stock splits
- 14621-for-1, Mar 6, 2024
- SEC CIK
- 1952976
- CUSIP
- 64110Y108
- ISIN
- US64110Y1082
- EIN
- 92-0887849
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Richard J. Pinola | Director | 13,221 |
| Axel K.A. Hansing | Director | 10,817 |
| Jean Hoysradt | Director | 11,032 |
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jan 20, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 2, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 21, 2023 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |