STORE Capital Corporation, an internally managed net-lease real estate investment trust (REIT) that invests in single tenant operational real estate, rang the first opening bell of 2015 at the New York Stock Exchange on January 2nd to celebrate its recent listing on the Exchange.
The Company’s common shares began trading on November 18, 2014 in conjunction with its initial public offering of common stock.
President and Chief Executive Officer, Christopher H. Volk, rang The Opening Bell®. He was joined by his colleagues on the senior management team, as well as members of the company’s Board of Directors.
“Ringing the first opening bell of the New Year is an exciting way to celebrate the beginning of an important new chapter in STORE Capital’s history,” said Volk. “We were gratified by Wall Street’s enthusiastic response to our IPO and strong interest in our Company. The proceeds from our IPO are being used to further expand our real estate portfolio and sustain our leadership position in investing in profit center net-lease real estate. In partnering with our middle market and larger customers, we have built a remarkable value proposition that provides tailored real estate lease solutions that create value for them by improving their capital efficiency. Going public was an important step in our long term strategy, giving us more opportunity to help our customers as we grow.”
STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is a leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in 850 property locations, substantially all of which are profit centers, in 46 states as of September 30, 2014. Additional information about STORE Capital can be found on its website at www.storecapital.com.
