Net Lease Office Properties
For the period ended Jun 12, 2026. Filed Apr 16, 2026.
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Jun 12, 2026 · Filed Apr 16, 2026
Contents
Background
On November 1, 2023, W. P. Carey Inc. (“WPC” or our “Advisor”) spun off a portfolio of 59 office assets into a separately publicly-traded company (the “Spin-Off”). To complete this Spin-Off, WPC formed NLOP on October 21, 2022. On November 1, 2023, WPC completed the Spin-Off. The Spin-Off was accomplished via a pro rata dividend of 1 NLOP common share for every 15 shares of WPC common stock outstanding.
Following the Spin-Off, we became a separate, publicly traded company. Our common shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol “NLOP.” We are externally managed by our Advisor.
We are an "emerging growth company" as defined in the Jumpstart Our Business Startups Act of 2020, and, as such, are allowed to provide more limited information in this proxy statement than an issuer that is not an emerging growth company.
Our business plan is to focus on realizing value for our shareholders primarily through strategic asset management and dispositions of our property portfolio over time.
2026 Proxy Statement 1
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.