American Realty Capital Properties IPO Declared Effective

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NEW YORK--(BUSINESS WIRE)-- American Realty Capital Properties, Inc., (“ARCP”) announced today that the SEC has declared its registration statement on Form S-11 filed in connection with ARCP’s initial public offering effective. ARCP is offering a minimum of 5,400,000 and a maximum of 8,800,000 shares of common stock at a purchase price of $12.50 per share (subject to discounts as described in the prospectus). The initial public offering will end no later than September 6, 2011, which is 61 days from its effective date. The minimum amount of shares must be sold at such time and the common stock listed on the Nasdaq Capital Market at such time or ARCP will terminate the offering and return subscription payments to investors.

ARCP is offering the shares of common stock on a “reasonable best efforts” basis through its affiliated broker-dealer, Realty Capital Securities, LLC, and Ladenburg Thalmann & Co. Inc., the co-dealer managers of the offering.

American Realty Capital Properties, Inc. is a newly organized Maryland corporation focused on owning and acquiring single tenant freestanding commercial real estate properties subject to medium-term net leases with high credit quality tenants.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

A registration statement relating to the offering of these securities has been filed with the SEC and declared effective. The offering will be made only by means of a prospectus. Copies of the prospectus for the offering may be obtained by contacting: Realty Capital Securities, LLC, Three Copley Place, Suite 3300, Boston, MA 02116, Tel:1-877-373-3522 or Ladenburg Thalmann & Co. Inc., 520 Madison Avenue, 9th Floor, New York, New York 10022, Tel: 212.409.2400.

The statements in this press release that are not historical facts may be forward-looking statements. These forward – looking statements involve risks and uncertainties that could cause the outcome to be materially different.



CONTACT:

DeFazio Communications, LLC
Anthony J. DeFazio, 484-532-7783
tony@defaziocommunications.com
or
American Realty Capital Properties, Inc.
Brian S. Block, EVP & CFO, 212-415-6500
bblock@arlcap.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:   REIT  Construction & Property  Commercial Building & Real Estate  Residential Building & Real Estate  Other Construction & Property

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