# Net Lease Office Properties (NLOP)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/net-lease-office-properties/ JSON: https://steadybase.io/company/net-lease-office-properties.json Checked Nov 10, 2026. Latest filing read: Nov 4, 2026.

## Company

- Legal name: Net Lease Office Properties
- Ticker: NLOP (NYSE)
- SEC CIK: 0001952976
- Industry: Real Estate Investment Trusts (SIC 6798)
- Headquarters: New York, NY
- Fiscal year ends: December 31
- SEC filer category: <br>Emerging growth company
- Website: nloproperties.com
- Next earnings date: Nov 6, 2026

## Key facts

- Revenue: $118.9M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/0001952976-26-000012-index.html
- Net income: -$145.3M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/0001952976-26-000012-index.html
- SG&A: $7.3M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 25, 2026). Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/0001952976-26-000012-index.html
- Shares outstanding: 14,814,075 as of Oct 30, 2026 (10-Q filed Nov 4, 2026). Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000064/0001952976-26-000064-index.html
- Auditor: Pricewaterhousecoopers LLP, New York, New York, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm

## Business

Net Lease Office Properties (“NLOP” or the “Company”) is a Maryland real estate investment trust that, together with our consolidated subsidiaries, owns a diversified portfolio of office properties that are primarily leased to corporate tenants on a single-tenant, net-lease basis. Our net leases generally specify a base rent with rent increases and require the tenant to pay substantially all costs associated with operating and maintaining the property. We elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code (the “Code”) effective as of November 1, 2023.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Net income | SG&A |
|---|---|---|---|
| Dec 31, 2025 | $118.9M | -$145.3M | $7.3M |
| Dec 31, 2024 | $142.2M | -$91.5M | $7.5M |
| Dec 31, 2023 | $175.0M | -$131.7M | $13.6M |
| Dec 31, 2022 | $156.2M | $15.8M | $11.9M |
| Dec 31, 2021 | $147.9M | $1.4M | $10.3M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/net-lease-office-properties.json

## Officers and directors

- Jason E. Fox, Chief Executive Officer and Chair of the Board. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- ToniAnn Sanzone, Chief Financial Officer. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- Brian Zander, Chief Accounting Officer. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- Axel K.A. Hansing, Trustee. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- Jean Hoysradt, Trustee. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- John J. Park, Trustee. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- Richard J. Pinola, Trustee. Source: 10-K filed Feb 25, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- Susan C. Hyde, Corporate Secretary. Source: DEF 14A filed Apr 16, 2026, https://www.sec.gov/Archives/edgar/data/1952976/000195297626000024/wpc-20260414.htm

## Recent 8-K events

- Nov 4, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000065/nlop-20261104.htm
- Aug 5, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000058/nlop-20260805.htm
- Jun 25, 2026: Item 5.07, Submission of matters to a vote of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000050/nlop-20260625.htm
- Jun 12, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000042/nlop-20260612.htm
- May 7, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000032/nlop-20260507.htm
- Feb 25, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000013/nlop-20260225.htm
- Jan 20, 2026: Item 2.01, Completion of acquisition or disposition of assets; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000005/nlop-20260115.htm
- Nov 7, 2025: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297625000061/nlop-20251107.htm
- Aug 6, 2025: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297625000049/nlop-20250806.htm
- Jun 17, 2025: Item 5.07, Submission of matters to a vote of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297625000033/nlop-20250616.htm

## Insider trades (Form 4)

- Sep 24, 2025: Richard J. Pinola (Director) bought 1,012 shares, about $29,844. Source: https://www.sec.gov/Archives/edgar/data/1952976/000195297625000051/0001952976-25-000051-index.htm

## Latest filings

- 8-K filed Aug 5, 2026: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000058/nlop-20260805.htm
- 10-K filed Feb 25, 2026: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000012/nlop-20251231.htm
- 10-Q filed Aug 5, 2026: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000057/nlop-20260630.htm
- DEF 14A filed Apr 16, 2026: https://www.sec.gov/Archives/edgar/data/1952976/000195297626000024/wpc-20260414.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/

