EX-99.1
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PRESS RELEASE
CONTACTS
From: Anthony J. DeFazio
For: Brian S. Block, EVP & CFO
DeFazio Communications, LLC
American Realty Capital Properties, Inc.
tony@defaziocommunications.com
bblock@arlcap.com
Ph: 484-532-7783
Ph: 212-415-6500
FOR IMMEDIATE RELEASE
American Realty Capital Properties Acquires
French's Mustard Headquarters
New York, New York, August 16, 2012
- American
Realty Capital Properties, Inc. (NASDAQ: ARCP) ("ARCP" or the "Company") announced today that it closed
on the acquisition of the French's Mustard headquarters located in Chester, New Jersey, at a purchase price of $10.0 million,
exclusive of customary closing costs. The capitalization rate is 9.64% (calculated by dividing annualized rental income on a straight-line
basis by base purchase price). The original lease has a 10-year term with 5.7 years currently remaining.
The building contains approximately 32,000 rentable square feet
and is 100% leased to French's Mustard's parent company, Reckitt Benckiser Group plc (LSE: RB), a British multinational
consumer goods company headquartered in Slough, United Kingdom. Reckitt Benckiser carries an investment grade credit rating as
determined by major credit rating agencies.
This property represents the final purchase of 23 previously-announced
properties by ARCP since the successful close of the Company's underwritten public offering in June 2012.
"We are pleased to add this property to our portfolio,
and will continue to seek accretive acquisitions such as this one which contributes yet another name brand to our stable of high
quality tenants", commented Nicholas S. Schorsch, Chairman and Chief Executive Officer of ARCP. "This purchase will
further enhance our portfolio's tenant mix and geographic diversification. We continue to take advantage of plentiful buying
opportunities in the market consistent with our guidance model and our investment strategy".
About the Company
American Realty Capital Properties, Inc., a publicly traded
Maryland corporation listed on The NASDAQ Capital Market under the trading symbol "ARCP", is an externally managed
real estate company that owns and acquires single tenant free standing commercial real estate properties that are primarily net
leased on a medium-term basis generally to investment grade tenants. Additional information about the Company can be found on the
Company's website at www.americanrealtycapitalproperties.com.
For more information about this announcement, please contact
Tony DeFazio of DeFazio Communications, LLC at 484-532-7783 or tony@defaziocommunications.com.

EX - 99 . 1 2 v321832 _ ex99 - 1 . htm PRESS RELEASE CONTACTS From : Anthony J . DeFazio For : Brian S. Block , EVP & CFO DeFazio Communications , LLC American Realty Capital Properties , Inc . tony@defaziocommunications.com bblock@arlcap.com Ph : 484 - 532 - 7783 Ph : 212 - 415 - 6500 FOR IMMEDIATE RELEASE American Realty Capital Properties Acquires French 's Mustard Headquarters New York , New York , August 16 , 2012 - American Realty Capital Properties , Inc . ( NASDAQ : ARCP ) ( " ARCP " or the " Company " ) announced today that it closed on the acquisition of the French 's Mustard headquarters located in Chester , New Jersey , at a purchase price of $ 10.0 million , exclusive of customary closing costs . The capitalization rate is 9 . 64 % ( calculated by dividing annualized rental income on a straight - line basis by base purchase price ) . The original lease has a 10 - year term with 5 . 7 years currently remaining . The building contains approximately 32,000 rentable square feet and is 100 % leased to French 's Mustard 's parent company , Reckitt Benckiser Group plc ( LSE : RB ) , a British multinational consumer goods company headquartered in Slough , United Kingdom . Reckitt Benckiser carries an investment grade credit rating as determined by major credit rating agencies . This property represents the final purchase of 23 previously - announced properties by ARCP since the successful close of the Company 's underwritten public offering in June 2012 . " We are pleased to add this property to our portfolio , and will continue to seek accretive acquisitions such as this one which contributes yet another name brand to our stable of high quality tenants " , commented Nicholas S. Schorsch , Chairman and Chief Executive Officer of ARCP . " This purchase will further enhance our portfolio 's tenant mix and geographic diversification . We continue to take advantage of plentiful buying opportunities in the market consistent with our guidance model and our investment strategy " . About the Company American Realty Capital Properties , Inc . , a publicly traded Maryland corporation listed on The NASDAQ Capital Market under the trading symbol " ARCP " , is an externally managed real estate company that owns and acquires single tenant free standing commercial real estate properties that are primarily net leased on a medium - term basis generally to investment grade tenants . Additional information about the Company can be found on the Company 's website at www.americanrealtycapitalproperties.com . For more information about this announcement , please contact Tony DeFazio of DeFazio Communications , LLC at 484 - 532 - 7783 or tony@defaziocommunications.com .
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