ORLANDO,
Fla., Aug. 14, 2023 /PRNewswire/ -- NNN
REIT, Inc. (NYSE: NNN), a real estate investment trust, today
announced that Jonathan A. Adamo has
been appointed Executive Vice President, Portfolio Operations.
Mr. Adamo joined NNN in April of 2003 and currently serves as
Senior Vice President, Head of Portfolio Operations, overseeing the
asset management, leasing, underwriting, dispositions and
development financing functions of the company. Mr. Adamo
previously served in the acquisitions department from 2011 until
August of 2022, most recently as Senior Vice President, and prior
to his time with acquisitions, led the investment sales and
disposition efforts for the company from 2006 to 2011. On a
combined basis, Mr. Adamo has executed and managed more than
$4 billion in transaction volume for
NNN. He earned a bachelor's degree in International Business
from Rollins College in Winter Park, Fla., and received his MBA from
The Crummer Graduate School of Business.
Steve Horn, President and Chief
Executive Officer, commented: "I am excited to welcome Jon to our
executive team overseeing portfolio operations. He has a
strong track record of success and leadership within NNN. His
understanding of our business strategy and vital role in the growth
of our portfolio coupled with his negotiating experience and depth
of real estate knowledge make him the right choice for helping to
steer the future of NNN."
NNN REIT invests primarily in high-quality retail properties
subject generally to long-term, net leases. As of June 30, 2023, the company owned 3,479 properties
in 49 states with a gross leasable area of approximately 35.5
million square feet and a weighted average remaining lease term of
10.2 years. NNN is one of only three publicly traded REITs to have
increased annual dividends for 34 or more consecutive years. For
more information on the company, visit www.nnnreit.com.
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SOURCE NNN REIT, Inc.