"The company is one of only 228 publicly traded companies in America that have increased annual dividends paid to shareholders for 14 or more consecutive years," says CNLR chief financial officer Kevin B. Habicht. The company gave shareholders a 28% return on their investment last year.
The company invests in high-quality, single-tenant retail, office and industrial properties and then leases the space on long-term net leases to major corporate tenants such as Barnes & Nobles, Best Buy, Eckerd, Home Depot, OfficeMax and Wal-Mart.
CNLR owns, either directly or through investment interests, 348 properties in 39 states with a gross leasable area of 7.9 million sf leased to 126 corporations in 46 lines of trade and industrial classifications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
