American Realty Capital Properties Announces Closing of Follow-On Public Offering

   American Realty Capital Properties Announces Closing of Follow-On Public
                                   Offering

PR Newswire

NEW YORK, Jan. 29, 2013

NEW YORK, Jan. 29, 2013 /PRNewswire/ -- American Realty Capital Properties,
Inc. ("ARCP" or the "Company") (NASDAQ: ARCP) announced today the closing of
its previously announced underwritten public follow-on offering of 2,070,000
shares of ARCP common stock at $13.47 per share to the public. The 2,070,000
shares sold include the exercise in full by the underwriters of their
over-allotment option to purchase 270,000 shares. As a result, the Company
received total net proceeds of approximately $26.5 million, after deducting
underwriting discounts, commissions and estimated expenses. The Company
intends to use the proceeds from the offering to purchase pipeline properties
and for other general corporate purposes.

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

Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial
Services Inc. (NYSE MKT: LTS), acted 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), served as co-managers of the offering.

A registration statement related to the securities was declared effective by
the Securities and Exchange Commission. The offering of ARCP's common stock
was made only by means of a prospectus supplement and accompanying prospectus.
Copies of the prospectus supplement and accompanying prospectus relating to
the offering may be obtained from the Securities and Exchange Commission's
website at http://www.sec.gov, or 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: Tony DeFazio, +1-484-342-3600, tdefazio@dbcworks.com