Net Lease Office Properties: Substantial Upside Remains Even After Threefold Run

alacatr/iStock via Getty Images The "office building apocalypse" may be ongoing, but that hasn't stopped Net Lease Office Properties (NYSE:NLOP) from generating strong returns over the past nine months. Spun off from W. P. Carey (WPC) last November, shares in this REIT, which as its name suggests owns a portfolio of office buildings leased on a single-tenant net lease basis, have surged more than threefold, from a low of $9.50 per share just after the spin-off, to around $30 per share today. Those who "got ...