Ticker name:NLOPNet Lease Office Properties

Country: US-Sector: Real Estate, Industry: REIT - Office

Net Lease Office Properties (NLOP) is a publicly traded real estate investment trust that holds a portfolio of 59 premium office assets. These properties encompass approximately 8.7 million square feet of leasable space, primarily leased to corporate occupants under single-tenant net lease agreements. While the majority of these office buildings are situated in the United States, a portion is located in Europe. The portfolio boasts 62 corporate tenants from a variety of industries, collectively contributing around $145 million in annualized base rent. NLOP's strategic objective is to enhance shareholder value through proactive asset management and the eventual divestment of its real estate holdings. Given its profound familiarity with the portfolio, NLOP leverages external management and advisory services from wholly-owned subsidiaries of WPC, ensuring effective execution of its business strategy. WPC brings over five decades of expertise in the single-tenant office real estate sector, demonstrating a strong track record in operating, leasing, acquiring, and developing assets across diverse market conditions.

Market Cap 168M

Last close 11.34$

Key metrics

Largest 15 companies In REIT - Office

# PositionTickerCompany NameMarket CapLast PriceAction
1BXPBXP, Inc.11B69.11$
2AREALEXANDRIA REAL ESTATE EQUITIES, INC.8.9B50.94$
3CUZCOUSINS PROPERTIES INC5.3B32.15$
4KRCKILROY REALTY CORP4.6B39.42$
5CDPCOPT DEFENSE PROPERTIES4.3B38.03$
6SLGSL GREEN REALTY CORP3.9B54.61$
7HIWHIGHWOODS PROPERTIES, INC.3.7B33.65$
8DEIDouglas Emmett Inc2.1B12.28$
9DEAEasterly Government Properties, Inc.1.2B25.33$
10HPPHudson Pacific Properties, Inc.834M15.38$
11NLOPNet Lease Office Properties168M11.34$
12ONLOrion Properties Inc.148M2.6$
13ELMEElme Communities132M1.49$
14FSPFRANKLIN STREET PROPERTIES CORP /MA/45M0.4321$
15NYCAmerican Strategic Investment Co.22M8.195$