American Realty Capital Properties, Inc.
American Realty Capital Properties, Inc. (“ARCP” or “Company”) is a real estate investment trust that focues on owning and acquiring single tenant freestanding commercial real estate properties net leased to investment grade, as determined by major credit rating agencies, and other creditworthy, as determined by the Company, tenants (“credit tenants”). The Company’s principal business objective is to generate attractive risk-adjusted investment returns by assembling and operating a portfolio diversified by tenant, industry, geography and lease duration.
ARCP completed its initial public offering of common stock on September 7, 2011, selling 5,580,000 shares at a price of $12.50 per share, subject to discounts. The Conpany's shares trade on the Nasdaq National Market under the ticker symbol "ARCP." See more in Investor Relations.
As of September 30, 2012, ARCP owned a portfolio of 124 properties. The Company's continuing property portfolio is 97% leased to investment grade tenants. See more in Portfolio.