American Realty Capital Properties Announces Pricing of Upsized Public Offering of Common Stock

    American Realty Capital Properties Announces Pricing of Upsized Public
                           Offering of Common Stock

PR Newswire

NEW YORK, Jan. 24, 2013

NEW YORK, Jan. 24, 2013 /PRNewswire/ --American Realty Capital Properties,
Inc. ("ARCP" or the "Company") (NASDAQ: ARCP) announced today that it priced
an underwritten public offering of 1,800,000 shares of common stock at a
public offering price of $13.47 per share. The Company also granted the
underwriters a 30-day option to purchase up to an aggregate of 270,000
additional shares of common stock to cover any over-allotments, if any.
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial
Services Inc. (NYSE MKT: LTS), is serving as sole bookrunning manager for the
offering. Aegis Capital Corp., Maxim Group LLC and National Securities
Corporation, a wholly owned subsidiary of National Holdings, Inc. (OTCBB:
NHLD), are serving as co-managers.

(Logo: http://photos.prnewswire.com/prnh/20120529/NY15147LOGO )

The Company expects to use the net proceeds of this offering to purchase
pipeline properties and for other general corporate purposes.

"This offering demonstrates our ability to match fund our acquisition
pipeline, thereby facilitating our growth," noted Nicholas S. Schorsch,
Chairman and Chief Executive Officer of the Company. Mr. Schorsch commented
further, "We continue to acquire quality properties at favorable cap rates and
our recently announced acquisitions exemplify our external growth
capabilities."

A registration statement related to the securities was declared effective by
the Securities and Exchange Commission. The offering of ARCP's common stock
will be made only by means of a prospectus supplement and accompanying
prospectus, copies of which, when available, may be obtained by contacting
Ladenburg Thalmann & Co. Inc. at 520 Madison Avenue, Ninth Floor, New York,
New York 10022, or by telephone at (212) 409-2000.

Important Notice

ARCP is a publicly traded Maryland corporation listed on The NASDAQ Capital
Market that qualified as a real estate investment trust for U.S. federal
income tax purposes for the taxable year ended December 31, 2011, focused on
acquiring and owning single tenant freestanding commercial properties subject
to net leases with high credit quality tenants. Additional information about
the Company can be found on its website at
www.americanrealtycapitalproperties.com.

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. In
addition, words such as "anticipate," "believe," "expect" and "intend"
indicate a forward-looking statement, although not all forward-looking
statements include these words.

SOURCE American Realty Capital Properties, Inc.

Website: http://www.americanrealtycapitalproperties.com
Contact: Anthony J. DeFazio, Diccicco Battista Communications,
+1-484-342-3600, tdefazio@dbcworks.com; or Brian S. Block, EVP & CFO, American
Realty Capital Properties, Inc., +1-212-415-6500, bblock@arlcap.com
 
Press spacebar to pause and continue. Press esc to stop.