Top Leasing Brokers Recognized by American Realty Capital Properties at ICSC RECon 2015 Special Event

PHOENIX, May 18, 2015 /PRNewswire/ -- American Realty Capital Properties, Inc. ("ARCP") ARCP announced the recipients of its annual awards for leasing excellence. The fifth annual leasing awards recognize the top professionals leasing available retail space on behalf of the company across its owned and managed net lease portfolio. The recipients were personally honored during an awards ceremony in conjunction with ICSC RECon in Las Vegas on May 17.

The Leasing Broker of the Year, the program's most prestigious award, was presented to the team of Liz Krebs, Katie Hennegan and Angela Gasbarro of Mid-America from the company's Oakbrook Terrace, IL office. The team has represented the company for eight years, and currently leases two shopping centers representing approximately 210,000 square feet. The team was recognized for their prospecting acumen, cultivating new tenant relationships, timeliness with reports and market data, and professionalism in representing the company's assets. Their efforts resulted in multiple new lease transactions during the past year, bringing one center to 100% leased and backfilling a large anchor tenant in the other.

"Each year at RECon, the industry's largest gathering of leasing professionals and retailers, it is our honor to recognize ARCP's outstanding local market leasing partners. The efforts of our in-house leasing team combined with our extensive national network of leasing brokers allows us to attract and retain top-quality tenants across our markets," explained Brett Sheets, Senior Vice President of Leasing for ARCP. "The Mid-America team of Liz, Katie and Angela went above and beyond their normal course of duty to attract four new tenants to our Chicago-area properties, continually demonstrating the excellence we expect from our local leasing representatives."

Overall, award recipients demonstrated superior performance and made vital contributions through their efforts to maximize the value of ARCP's portfolio of anchored shopping center and single-tenant retail assets. Criteria for the awards include number and quality of transactions, accuracy and timeliness of reports, quality of marketing materials, market knowledge and prospecting prowess. Additional award recipients included:

Best New Leasing Team: Greg Shields, Jace Bankhead, Preston Miller and Steven Shields of Pentad Properties, Inc. in Salt Lake City, UT. The team was recognized for its work on leasing The Family Center at Riverdale, a 420,000-square-foot power center, where they have executed seamlessly and promptly, helping to enhance this regional destination.

Most Transactions: Shane Stephens and Sharon Wilkins of RED Development in Phoenix, AZ were recognized for the most new lease transactions in the ARCP portfolio during the past year. The team leases three power centers in the Phoenix market totaling more than 755,000 square feet.  By proactively marketing the properties and canvassing the surrounding markets for new tenants, they were able to execute eight new leases.

Best Prospector: Fraser Gough and Benton Green of Retail Planning Corporation in Marietta, GA. The team leases five assets for ARCP in Georgia representing approximately 775,000 square feet. Gough and Green were honored for exceeding expectations, including their tenacity for canvassing the market for new retailers.

Several leasing broker partners were honored with Allegiance Awards which recognize their ability to align with the goals, objectives and interests of ARCP while constantly showing commitment, loyalty and dedication. Honorees included:

• Brad Rosenberg and C.C. Roberts of Mid-America in Bloomfield Hills, MI. Rosenberg and Roberts currently lease two assets totaling approximately 70,600 square feet in Michigan.
• Joe Parrott and Sean McCourt of CBRE in Chicago. Parrott and McCourt currently lease five assets in the Chicago market for ARCP representing approximately 796,000 square feet.
• Adam Lyngar and David Hickman of CBRE in Kansas City, MO. Lyngar and Hickman currently lease three ARCP assets in the Kansas City market, totaling approximately 310,000 square feet.
• Andrew Lehner of CBRE|UCR in Dallas, TX. Lehner currently leases three assets for ARCP totaling approximately 188,000 square feet in the Dallas market.
• Christina Coffey of CBRE in Raleigh, NC. Coffey currently leases a 62,000-square-foot grocery-anchored shopping center in Raleigh, North Carolina.
• Nick Masson of Schuckman Realty Inc. in Lake Success, NY. Masson currently leases a 274,000-square-foot power center in Brooklyn, New York.

ARCP and its leasing broker partners will be meeting with retailers throughout RECon from May 18-20, 2015 at Booth NY3202Y in the Las Vegas Convention Center.

About ARCP
ARCP is a leading, self-managed commercial real estate investment trust ("REIT") focused on investing in single tenant freestanding commercial properties subject to net leases with high credit quality tenants. ARCP owns approximately 4,650 properties totaling 102 million square feet of leasable space in 49 states, as well as Washington D.C., Puerto Rico and Canada. Additionally, ARCP acquires and manages assets on behalf of the Cole Capital^® non-traded REITs. ARCP is a publicly traded Maryland corporation listed on The NASDAQ Global Select Market. Additional information about ARCP can be found on its website at www.arcpreit.com. ARCP may disseminate important information regarding it and its operations, including financial information, through social media platforms such as Twitter, Facebook and LinkedIn.

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SOURCE American Realty Capital Properties, Inc.