NNN Realty Advisors, Inc. Board of Directors Declares Fourth Quarter Dividend
December 11 2007 - 8:33AM
PR Newswire (US)
SANTA ANA, Calif., Dec. 11 /PRNewswire-FirstCall/ -- NNN Realty
Advisors, Inc. today announced that its board of directors has
declared a fourth quarter dividend of $0.09 per common share to
stockholders of record as of December 5, 2007. The dividend will be
pro rated for the period October 1, 2007 through the December 7,
2007 closing date of NNN Realty Advisors' merger with Grubb &
Ellis Company. The dividend will be payable to all investors on or
about December 21, 2007. NNN Realty Advisors, Inc. NNN Realty
Advisors is a wholly owned subsidiary of Grubb & Ellis Company
and the parent company of Triple Net Properties, LLC, Triple Net
Properties Realty, Inc. and NNN Capital Corp., a registered
broker-dealer. NNN Realty Advisors is a nationwide commercial real
estate asset management and services firm that sponsors real estate
investment programs to provide investors with the opportunity to
engage in tax-deferred exchanges of real property and to invest in
other real estate investment vehicles, including tax-deferred 1031
tenant-in-common (TIC) exchanges, public non-traded real estate
investment trusts and real estate investment funds. NNN Realty
Advisors and its affiliates currently manage a portfolio of
commercial real estate valued at approximately $5.4 billion. This
press release does not represent a recommendation, solicitation, or
offer to buy or sell the stock of NNN Realty Advisors, Inc. or any
other security. DATASOURCE: NNN Realty Advisors, Inc. CONTACT:
media, Jill Swartz, +1-714-667-8252, ext. 251, , both of NNN Realty
Advisors, Inc. Web site: http://www.grubb-ellis.com/ Company News
On-Call: http://www.prnewswire.com/comp/136726.html
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