ORLANDO, Fla., Feb. 15, 2017 /PRNewswire/ -- National Retail
Properties, Inc. (NYSE: NNN), a real estate investment trust, today
announced that Julian E. "Jay" Whitehurst was appointed to the
Board of Directors. Mr. Whitehurst, currently President and
Chief Operating Officer, will also assume the role of Chief
Executive Officer as of April 28,
2017.
"We are pleased to add Jay to our Board. He has been
involved with NNN in various capacities for 25 years and has
extensive knowledge of the company's strategy and culture.
Jay's broad experience and judgement will complement our other
directors," said Craig Macnab,
Chairman and Chief Executive Officer.
National Retail Properties invests primarily in high-quality
retail properties subject generally to long-term, net leases. As of
December 31, 2016, the company owned
2,535 properties in 48 states with a gross leasable area of
approximately 27.2 million square feet with a weighted average
remaining lease term of 11.6 years. For more information on the
company, visit www.nnnreit.com.
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SOURCE National Retail Properties, Inc.