Case Study: National Retail Properties streamlines SEC filing and saves time and money with Donnelley Financial Solutions' New ActiveDisclosure

How we helped a major real estate investment trust save time and money on SEC filing

National Retail Properties, Inc., a NYSE‑listed REIT with $9 billion in assets and 3,271 properties, faced highly complex SEC filing and financial reporting demands while operating with a Financial Reporting team of only three. To reduce manual duplication, simplify formatting, and improve collaboration between departments, National Retail Properties engaged Donnelley Financial Solutions and adopted the New ActiveDisclosure platform.

Donnelley Financial Solutions implemented New ActiveDisclosure with Excel/Microsoft Office integration, data linking, Intelligent iXBRL tagging, commenting, filing health checks, and 24/7/365 expert support. The solution enabled the three‑person team to manage the REIT’s SEC filings and reporting for thousands of properties, helped control solution costs, reduced errors, streamlined processes, and improved cross‑department productivity and compliance.

National Retail Properties

Lauren Frangiamore

Director of Financial