Other News

September 6, 2017 10:14 pm

February 15, 2017 4:30 pm

Orlando, Florida, February 15, 2017 – National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced that Julian E. “Jay” Whitehurst was appointed to the Board of Directors. Mr. Whitehurst, currently President and Chief Operating Officer, will also assume the role of Chief Executive Officer as of April 28, 2017.

January 18, 2017 4:05 pm

ORLANDO, Fla., January 18, 2017 – National Retail Properties, Inc. (NYSE: NNN) (the Company”) today called for redemption of all outstanding shares of its 6.625% Series D Cumulative Redeemable Preferred Stock (the “Series D Preferred Shares”) represented by depositary shares, each representing a 1/100th interest in a Series D Preferred Share (the “Depositary Shares,” CUSIP: 637417601; NYSE: NNNPRD).

December 15, 2016 4:15 pm

ORLANDO, Fla., December 15, 2016 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) reported today that it has closed on its previously announced issuance of $350,000,000 of 3.60% senior unsecured notes due 2026 (“2026 Notes”). The 2026 Notes were offered at 98.897% of the principal amount with a yield to maturity of 3.733%.

December 6, 2016 9:20 am

October 11, 2016 4:05 pm

Orlando, Florida, October 11, 2016 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has closed an underwritten public offering of 13,800,000 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, which reflects the full exercise of the underwriters’ option to purchase 1,800,000 additional depositary shares. The Company estimates that the net proceeds from the offering will be approximately $334.3 million, after deducting the underwriting discount and estimated offering expenses. The Company intends to use the net proceeds from the offering to repay all of the outstanding indebtedness under its credit facility. The Company intends to use the remainder of the net proceeds, if any, to fund future property acquisitions and for general corporate purposes.

October 4, 2016 5:45 pm

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.

September 29, 2016 8:03 pm

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.

August 19, 2016 8:30 am

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.

March 28, 2016 8:30 am

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.