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Net Lease Office Properties Sells 5 Properties for $43.3 Million
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Net Lease Office Properties Sells 5 Properties for $43.3 Million
Jan 10, 2025 7:55 AM

10:39 AM EST, 01/10/2025 (MT Newswires) -- 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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