Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Commercial Net Lease Realty Added To S&P SmallCap 600 Index.


Business Editors/Real Estate Writers

ORLANDO, Fla.--(BUSINESS WIRE)--Feb. 10, 2004

Commercial Net Lease Realty, Inc. (NYSE NYSE

See: New York Stock Exchange
:NNN), an equity real estate investment trust, was added to the S&P SmallCap 600 Index today. The S&P SmallCap 600 Index consists of 600 domestic stocks chosen for market size, financial viability, liquidity and industry sector representation.

Since listing on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 in 1994, the Company's assets have increased more than ten-fold and the Company has produced an average total return to shareholders of 12% annually. "Our inclusion in the S&P SmallCap 600 Index provides recognition of our industry position and exposes us to an important new group of equity investors who are benchmarked against this index," said Gary M. Ralston, President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

Commercial Net Lease Realty has increased its annual common stock dividend for 14 consecutive years. The company invests in high quality, single-tenant retail, office and industrial properties generally subject to long-term, net leases with established tenants, such as Barnes & Noble, Best Buy, Eckerd, OfficeMax and the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, . The company currently owns 348 properties in 39 states with a gross leasable area Gross leasable area (GLA) in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented.  of approximately 7.9 million square feet. These properties were leased to 129 corporations in 48 industrial classifications.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:4EUUK
Date:Feb 10, 2004
Words:212
Previous Article:PEC Solutions Reports Fourth Quarter Fully Diluted EPS of 16 Cents.
Next Article:Lifecore Names New President And CEO.
Topics:



Related Articles
Avalon Bay Communities Inc., Cornerstone Realty Income Trust Added To S&P REIT Composite Index.
Brandywine Realty Trust Added to S&P REIT Composite Index.
Kilroy Realty Announces 110,000-Square-Foot Lease with Outdoor Dimensions, Inc. in Anaheim, CA; Company is Relocating and Expanding Corporate...
Kilroy Realty Acquires San Diego Office Campus.
Commercial Net Lease Realty, Inc. Agrees to Acquire National Properties Corporation.
Kilroy Realty Expands San Diego Development Pipeline with Acquisition of Land Site Adjacent to Santa Fe Summit.
Kilroy Realty Signs 178,000 Square Foot Lease with Accredited Home Lenders for New San Diego Headquarters; Three-Building Campus Located at...
Kilroy Realty Continues Expansion of Development Pipeline with Acquisition of San Diego Land and Building; Signs Lease for 303,000 Square Feet with...
Intuit Exercises Option to Lease Fourth Kilroy Realty Building at Santa Fe Summit Phase I Campus; Intuit Also Extends Lease at Governor Park Property.
Kilroy Realty Signs 411,000 Square Foot Lease with Cardinal Health for San Diego Campus; Two-Building Sorrento Mesa Campus to Include New 318,000...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles