ORLANDO, Fla., Nov. 10, 2015 /PRNewswire/ -- National Retail
Properties, Inc. (NYSE: NNN), a real estate investment trust, today
announced that Sam L. Susser was
appointed to the Board of Directors.
"We are excited to add Sam to our Board. His retail industry
experience combined with his depth of knowledge of the convenience
store industry make him an excellent addition. His
accomplished tenure as the CEO of a successful retailer gives him a
unique perspective to understand our retail tenant customer base
and their strategies," said Craig
Macnab, Chairman and Chief Executive Officer.
Mr. Susser has a broad background in retail operations. He
served as President and Chief Executive Officer of Susser Holdings
Corporation (NYSE: SUSS) from 1992 through 2014 and as a Director
from 1988 through 2014. He was named Chairman of the Board in
September 2013. In August 2014, Susser Holdings was acquired by
Energy Transfer Partners, L.P. (NYSE: ETP). Mr. Susser was
also Chairman of the Board of Directors of Susser Petroleum
Partners GP LLC, the general partner of Susser Petroleum Partners
LP (NYSE: SUSP, now Sunoco LP, NYSE: SUN) until May 2015. Mr.
Susser currently serves as a Director of a number of charitable,
educational and civic organizations.
National Retail Properties invests primarily in high-quality
retail properties subject generally to long-term, net leases.
As of September 30, 2015, the company
owned 2,231 properties in 47 states with a gross leasable area of
approximately 24.5 million square feet and a weighted average
remaining lease term of 11.5 years. For more information on
the company, visit www.nnnreit.com.
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SOURCE National Retail Properties, Inc.