Net Lease Office Properties announced that its Board of Trustees has declared a special cash distribution of $1.50 per common share. The distribution, totaling approximately $22.2 million, was disclosed in the company's supplemental financial information for the third quarter of 2026.
Key Details
- Distribution Amount: $1.50 per common share, totaling approximately $22.2 million.
- Timeline: The distribution is payable on December 1, 2026, to shareholders of record as of November 16, 2026.
- Q3 2026 Dispositions: The company also reported the sale of two properties during the third quarter for gross proceeds of $27.85 million and one subsequent property sale for $6.6 million.