At the same time, Chambers Street announced it will launch a modified "Dutch Auction" tender offer to purchase up to $125 million of its common shares. Under the terms of the proposed tender offer, the company will buy shares within a range of $10.10 per share and $10.60 per share, with shareholders allowed to tender all or part of their shares.

The REIT currently owns or has majority interests in 129 properties in 22 U.S. states, Germany and the United Kingdom. At year-end 2012, the portfolio was 98% leased to 272 tenants and diversified by location, industry, and lease expiration, according to a statement.

Chambers Street internalized its management structure last year, in order to optimize management of its current portfolio create an integrated operating structure for continued growth.

“Publicly traded real estate companies have enjoyed strong returns in recent years, and companies that own net lease properties, similar to Chambers Street, are trading at attractive valuations,” noted Chambers Street CEO Jack A. Cuneo in a release. Also, the company statement said that that a listing on the NYSE will provide access to additional potential investors and a broader range of potential sources of capital.