REIT Prices Stock Offering

National Retail Properties Inc., a real estate investment trust based in Orlando, Fla., has priced a public offering of 4 million shares of common stock at $25.94 per share.The underwriters were granted an option to buy up to 600,000 additional shares to cover any overallotments. Citigroup Global Markets Inc. and Wachovia Capital Markets LLC were the joint book-running managers for the offering. National Retail Properties, which focuses primarily on properties subject to long-term net leases, can be found online at http://www.nnnreit.com.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS