Certain Common Stock of National Retail Properties, Inc. are subject to a Lock-Up Agreement Ending on 10-JAN-2015.
January 09, 2015
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Certain Common Stock of National Retail Properties, Inc. are subject to a Lock-Up Agreement Ending on 10-JAN-2015. These Common Stock will be under lockup for 60 days starting from 11-NOV-2014 to 10-JAN-2015.
Details:
The executive officers have entered into a lock up agreement of which they will not sell units, warrants, shares of common stock or any other securities convertible, exercisable, or exchangeable for, shares of common stock, for a period of 180 days from the date of the prospectus without the prior written consent of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC and Morgan Stanley & Co. LLC.
NNN REIT, Inc. is a fully integrated real estate investment trust (REIT). The Companyâs assets are primarily real estate assets. It acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment (properties or property portfolio, or individually a property). It owns approximately 3,532 Properties with an aggregate gross leasable area of approximately 35,966,000 square feet, located in 49 states. The Company invests primarily in retail real estate that is located within each local market for its tenant's retail lines of trade. The Companyâs portfolio includes convenience stores; automotive service; restaurants-full service; restaurants-limited service; family entertainment centers; health and fitness; theaters; recreational vehicle dealers, parts, and accessories; equipment rental; automotive parts; wholesale clubs; home improvement; drug stores; travel plazas; and furniture, among others.