Spirit Realty Capital, Inc (Nyse: Src)

Description

• We are Spirit Realty Capital, Inc. (NYSE:SRC), a publicly traded triple net lease real estate investment trust (REIT) one of the largest in the country. Our gross real estate investment portfolio is approximately $8.3 billion, with investments in over 2,600 properties leased to more than 430 tenants in 28 different industries across 49 states. Our clients range from well-known retail brands to special-use, medical and industrial facilities.Key highlights from 2015: Retained an occupancy rate of 98.6% for 12+ years Experienced revenue growth of 10.7% year-over-year amounting to $667.3 million Acquired $889 million of assets at a weighted average initial cash yield of 7.7% Increased enterprise value by $5.4 billion Increased equity market capitalization to $4.4 billion from $1.2 billion at the initial public offeringFounded in 2003, Spirit has a proven growth strategy with a track record of creating value even in challenging economic cycles. We apply time-tested investment and portfolio strategies that employ data analysis to monitor industry trends and manage risk. Keeping up with key real estate metrics allows us to offer some of the most attractive rates in the country. We have the flexibility to structure leases to meet the needs of our tenants.Our relocation to Dallas makes us one of the largest publicly traded triple net lease REITs in the country. Based on our enterprise value, Spirit will be the largest publicly traded non-mortgage REIT headquartered in the Dallas metroplex and the second largest publicly traded non-mortgage REIT headquartered in Texas. In conjunction with the move, Spirit is cultivating a collaborative work environment and investing in our team. Our people are the heart of our business, and our culture allows employees to be who they are, bringing their whole selves to work. This spirit fosters open communication and integrity at every level. We are seeking new team members to help solidify our record of success.
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  Headquarters:2727 North Harwood Street Suite 300, Dallas, Texas, United States

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  Phone Number: +1 866-557-7474

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  Website:

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  Employees:78

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  Revenue:$10 - 50M

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  Legal Name:Spirit Realty Capital, Inc (Nyse: Src)

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• |  NAICS Code: 523120  |

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