Net Lease Office Properties Sells 5 Properties for $43.3 Million

MT Newswires Live

2025/01/10

Net Lease Office Properties (NLOP) said Friday it sold five office properties in November and December 2024 for $43.3 million in gross proceeds.

The real estate investment trust said it used the net proceeds to repay about $30 million on JP Morgan's senior secured mortgage and about $5 million on its mezzanine loan.

Price: 29.24, Change: +0.23, Percent Change: +0.81

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