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| Craig Macnab |
Orlando, FL, Aug. 2, 2016 – National Retail Properties,
Inc. (NYSE: NNN), a real estate investment trust, today announced its operating
results for the quarter and six months ended June 30, 2016.
Craig Macnab,
Chief Executive Officer, commented: "2016 is off to a terrific start with
better than expected acquisitions. Our balance sheet remains very strong and
our portfolio occupancy continues to be exceptional.
“Also, we are pleased to
have recently announced a 4.6% increase in our third quarter dividend which
will make 2016 our 27th consecutive year of increased annual dividends per
share."
National Retail Properties
invests primarily in high-quality retail properties subject generally to
long-term, net leases.
As of June 30, 2016, the company owned 2,452 properties
in 48 states with a gross leasable area of approximately 26.3 million square
feet and with a weighted
average remaining lease term of 11.4 years.
For a complete copy of the company’s news release,
please contact:
Kevin B. Habicht
Chief Financial Officer
(407) 265-7348
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