NNN REIT, Inc., a prominent real estate investment trust, has announced that Executive Vice President and General Counsel, Christopher P. Tessitore, will retire on January 1, 2024. With a remarkable career spanning over 18 years with NNN, Tessitore has played a pivotal role in the company’s growth, demonstrating exceptional legal expertise and problem-solving skills. As a respected member of NNN’s executive team, Tessitore has been instrumental in steering the company’s legal efforts, and his retirement marks the beginning of a new chapter for NNN.
Filling the significant shoes left by Tessitore, Gina M. Steffens has been appointed as the Executive Vice President and General Counsel of NNN REIT. Steffens, who brings a wealth of experience in both public and private sectors, has previously served as the Chief Executive Officer and Chief Legal Officer of PHM Brands. She has also held esteemed positions in renowned companies like Real Capital Solutions, Vail Resorts Management Company, and Regency Centers Corporation. Steffens’ notable career is backed by her impressive educational background, having graduated from the University of Florida and obtained her Juris Doctor from the George Washington University Law School.
Regarding his retirement, Tessitore expressed gratitude for his time at NNN and his role in its growth. He warmly welcomed Steffens to the team, recognizing her exceptional reputation, extensive experience, and dedication to innovation, which will undoubtedly contribute to the future success of NNN.
NNN REIT specializes in high-quality retail properties, primarily focusing on long-term, net leases. With a portfolio of 3,511 properties spread across 49 states, encompassing approximately 35.8 million square feet of leasable area, NNN stands as one of the few publicly traded REITs with a consistent record of increasing annual dividends for over 34 years. For detailed information about NNN REIT, please visit www.nnnreit.com.
1. When will Christopher P. Tessitore retire?
Christopher P. Tessitore, the Executive Vice President and General Counsel of NNN REIT, Inc., will retire on January 1, 2024.
2. Who will succeed Christopher P. Tessitore?
Gina M. Steffens has been appointed as the successor to Christopher P. Tessitore as the Executive Vice President and General Counsel of NNN REIT, Inc.
3. What is NNN REIT’s primary focus?
NNN REIT specializes in investing in high-quality retail properties primarily subject to long-term, net leases.
4. How many properties does NNN REIT own?
As of September 30, 2023, NNN REIT owns 3,511 properties across 49 states, encompassing approximately 35.8 million square feet of leasable area.
5. How long has NNN REIT been increasing annual dividends?
NNN REIT holds the distinction of being one of the few publicly traded REITs that has increased annual dividends for 34 or more consecutive years.