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The following table summarizes the diversification of NNN’s Property Portfolio based on the top 10 lines of trade: 

<img src='content_image/177477.jpg'>

(1) Based on annualized base rent for all leases in place as of December 31 of the respective year. 

The following table shows the top 10 states in which NNN’s Properties are located in as of December 31, 2013: 

<img src='content_image/177478.jpg'>

(1) Based on annualized base rent for all leases in place as of December 31, 2013. 

Property Acquisitions. The following table summarizes the Property acquisitions for each of the years ended December 31 

(dollars in thousands): 

<img src='content_image/177479.jpg'>

Includes dollars invested in projects under construction or tenant improvements for each respective year. 

