Orlando, Florida, October 4, 2016 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has priced an underwritten public offering of 12,000,000 depositary shares, each representing a 1/100th interest in a share of its 5.20% Series F Cumulative Redeemable Preferred Stock, at a price of $25.00 per depositary share.
Orlando, Florida, September 29, 2016 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that Craig Macnab, Chief Executive Officer and Chairman of the Board, will retire as CEO and step down as Chairman and a member of the Board of Directors effective April 28, 2017. Julian E. (“Jay”) Whitehurst, currently President and Chief Operating Officer, will assume the role of President and CEO as of April 28, 2017.
Orlando, Florida, August 19, 2016 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced that Pamela K. M. Beall and Steven D. Cosler were appointed to the Board of Directors.
“We are excited to add Pam and Steve to our Board. Pam’s financial expertise and Steve’s extensive management experience will make each of them an excellent addition. They both bring a broad depth of business skill and prior board experience that will complement our other directors,” said Craig Macnab, Chairman and Chief Executive Officer.
Orlando, Florida, March 28, 2016 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that Michelle Miller was named Executive Vice President and Chief Accounting Officer.
Ms. Miller joined NNN in 1999 and currently leads the accounting department as well as oversees financial reporting, forecasting, lease administration and information technology.
“Michelle has been a valuable part of the NNN team for many years and has led many of the initiatives that have allowed us to increase our operating leverage as we have grown significantly over the past several years,” said Craig Macnab, CEO and Chairman of the Board.
Orlando, Florida, November 10, 2015 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced that Sam L. Susser was appointed to the Board of Directors.
“We are excited to add Sam to our Board. His retail industry experience combined with his depth of knowledge of the convenience store industry make him an excellent addition. His accomplished tenure as the CEO of a successful retailer gives him a unique perspective to understand our retail tenant customer base and their strategies,” said Craig Macnab, Chairman and Chief Executive Officer.
ORLANDO, Fla., Nov. 18, 2014 — National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced the company will celebrate its 25th consecutive annual dividend increase at the New York Stock Exchange (NYSE) by ringing The Closing Bell® on Wednesday, November 19, 2014 at 4:00 p.m. Eastern Standard Time.
Orlando, Florida, November 14, 2014 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has closed an underwritten public offering of 5,462,500 shares of common stock at a price of $38.16 per share, which includes 712,500 shares sold to the underwriters pursuant to the full exercise of their option to purchase additional shares.
Orlando, Florida, November 11, 2014 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has priced an underwritten public offering of 4,750,000 shares of common stock at a price of $38.16 per share. As part of the offering, the Company granted the underwriters a 30-day option to purchase up to 712,500 additional shares of common stock. The offering is expected to close on November 14, 2014, subject to the satisfaction of customary closing conditions.
Orlando, Florida, November 10, 2014 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has commenced an underwritten public offering of 4,000,000 shares of common stock. As part of the offering, the Company also expects to grant the underwriters a 30-day option to purchase up to 600,000 additional shares of common stock.
Orlando, Florida, October 28, 2014 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced the amendment of its unsecured bank credit facility. The amendment increases the available borrowing capacity under the credit facility from $500 million to $650 million and reduces pricing from LIBOR plus 107.5 basis points to LIBOR plus 92.5 basis points. The amended facility matures January 2019, with an option to extend maturity to January 2020. The amended facility also includes an accordion feature to increase the facility size to up to $1.0 billion.
