{"schema_version":"secwatch.filing_event.v1","accession":"0001952976-25-000061","form_type":"8-K","ticker":"NLOP","cik":"0001952976","company_name":"Net Lease Office Properties","filed_at":"2025-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.138863+00:00","generated_at":"2026-05-16T23:09:53.267052+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NLOP updates portfolio: 32 properties with $73M ABR, $525M dispositions, debt fully repaid","bullets":["Since spin-out in Nov 2023, sold 27 properties for $525M; fully repaid $455M debt and issued special cash distributions.","Remaining 32 properties with $72.6M ABR; key tenant KBR at Houston property ($21.3M ABR, 91.4% occupied).","Leasing activity: 13 deals with 91.9% rent recapture, 7.0-year weighted average term.","Master Lock lease terminated; received $13M termination fee in October 2025.","Three vacant properties (442K, 168K, 12K sq ft) remain in portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001952976-25-000061","json":"https://secwatch.observer/filing/0001952976-25-000061.json","markdown":"https://secwatch.observer/filing/0001952976-25-000061.md","text":"https://secwatch.observer/filing/0001952976-25-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1952976/000195297625000061/0001952976-25-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1952976/000195297625000061/nlop-20251107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:09:53.267052+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}