ACTIVELY MANAGED STABILITY

We continually work to improve our portfolio with strong, diversified tenants that consistently perform.

Spirit Realty Capital seeks investments that represent opportunities to provide superior risk-adjusted returns for our stockholders and growth and stability for our tenants. As of September 30, 2022, our diversified portfolio is comprised of 2,118 owned properties, with an aggregate leasable area of 55.7 million square feet across 49 states and 34 industries.

By The Numbers

As of Sept. 30, 2022

$9.0B Real Estate
Investment

346 Tenants

2,118 Properties

34 Industries

99.8% Occupied

52.6% Publicly Owned

Top 10 Tenants

As of Sept. 30, 2022

  • 1. Life Time Fitness 4.1%
  • 2. Invited Clubs 2.8%
  • 3. BJ's Wholesale Club 2.4%
  • 4. At Home 2.1%
  • 5. Dave & Buster’s / Main Event 2.1%
  • 6. Church’s Chicken 2.0%
  • 7. Dollar Tree / Family Dollar 1.8%
  • 8. Home Depot 1.8%
  • 9. Circle K 1.7%
  • 10. GPM 1.6%

Top 10 Tenants Total: 22.4%

Asset Types and Tenant Industries

Sept. 30, 2022

Asset Types

RETAIL 70.4%

  • Health and Fitness 8.1%
  • Convenience Stores 5.9%
  • Quick Service Restaurants 5.0%
  • Casual Dining 4.7%
  • Car Washes 4.6%
  • Movie Theaters 4.0%
  • Dealerships 3.6%
  • Drug Stores 3.3%
  • Entertainment 3.3%
  • Automotive Service 3.2%
  • Home Improvement 3.1%
  • Dollar Stores 3.0%
  • Supercenters & Clubs 2.8%
  • Home Decor 2.5%
  • Home Furnishings 2.2%
  • Sporting Goods 1.9%
  • Department Stores 1.8%
  • Grocery 1.8%
  • Other 1.6%
  • Early Education 1.5%
  • Specialty Retail 1.1%
  • Automotive Parts 0.8%
  • Pet Supplies & Service 0.3%
  • Discount Retail 0.3%

Industrial 20.7%

  • Distribution 10.4%
  • Manufacturing 8.3%
  • Industrial Outdoor Storage 1.2%
  • Flex 0.8%

Office 2.6%

  • Office 2.6%

Other 6.3%

  • Country Club 2.8%
  • Medical 2.2%
  • Data Center 0.8%
  • Hotel 0.5%

Portfolio Contacts

Kmeal Winters
Kmeal Winters
Kmeal Winters Vice President, Asset Management
(972) 476-1929
kwinters@spiritrealty.com
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Ms. Winters joined Spirit in March 2019 and serves as Vice President of Asset Management where she is responsible for special servicing and property management for the portfolio, including workouts, dispositions, and leasing.

Ms. Winters has more than 20 years of asset management and client reporting experience in the commercial real estate industry, including roles at Gables Residential, DES Real Estate Consulting, TIER REIT, and Trammell Crow Company. Most recently, Ms. Winters served as Director of Asset Management at Gables Residential, overseeing the overall operations of a diverse, multi-family portfolio valued at $1B+. She holds a BS in business administration and accounting from the University of Kansas and an MBA from Southern Methodist University. She is a member of Commercial Real Estate Women (CREW) and also a member of the CCIM Institute.

Kayode Ola
Kayode Ola
Kayode Ola Vice President, Asset Management
(972) 476-1974
kola@spiritrealty.com
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Mr. Ola joined Spirit in May 2016 and serves as Vice President of Asset Management where he is responsible for special servicing and property management of the portfolio including workouts, property dispositions, re-leasing, and property management. 

Prior to joining Spirit, Mr. Ola served as an analyst with Admiral Capital Group, a real estate and private equity firm with offices in New York, San Antonio, and Seattle. He holds a bachelor’s degree in real estate from the University of Lagos, Nigeria, and a master’s degree in real estate with a concentration in finance and investments from New York University.

Alic Kelso
Alic Kelso
Alic Kelso Vice President, Asset Management
(972) 476-1978
akelso@spiritrealty.com
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Mr. Kelso joined Spirit in March 2022 and serves as a Vice President of Asset Management where he is responsible for negotiating acquisitions, leases, and dispositions as well as special servicing, property management and workouts.

Prior to joining the Asset Management team, Mr. Kelso served as the Director of Portfolio Management for Spaulding & Slye Investments based in Washington D.C., an asset manager at Spirit Realty Capital and an Officer in the United States Marine Corps with various command and staff assignments domestically and abroad.

Mr. Kelso received his BA from St. Lawrence University and holds graduate degrees in Real Estate as well as Finance and Investment from Georgetown and the University of Edinburgh. He also serves as a Professor for courses in Finance, Structured Finance, Portfolio Management and Financial Modelling at Georgetown University.

Matt Kuc
Matt Kuc
Matt Kuc Director, Asset Management
(972) 476-1931
mkuc@spiritrealty.com
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Mr. Kuc serves as Director of Asset Management where he is responsible for special servicing and property management of the portfolio including workouts, property dispositions, re-leasing, and property management. 

Prior to joining the asset management team, Mr. Kuc served on the credit and underwriting team where he was responsible for underwriting new investment opportunities, performing credit analysis on Spirit’s existing tenants, and assisting in managing the overall health of Spirit’s portfolio. Prior to his role in credit and underwriting, Mr. Kuc served on the acquisitions team where he was responsible for sourcing and underwriting new investment opportunities. 

Mr. Kuc received a BSBA and MBA, both with concentrations in real estate and finance, from the University of Missouri.

Frank-Paul Sampino
Frank-Paul Sampino
Frank-Paul Sampino Director, Asset Management
(972) 476-1943
fsampino@spiritrealty.com
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Mr. Sampino joined Spirit in February 2019 and serves as Director of Asset Management where he leads a team and is responsible for dispositions, lease negotiations, workouts, and assisting in acquisitions.

Prior to joining Spirit, Mr. Sampino worked in debt asset management at the Real Estate Specialties Group at Bank OZK in Dallas, Texas, and previously worked in multi-tenant retail asset management at Lordae Properties in New York. He holds a bachelor’s degree from the University of Pennsylvania, and an MBA from Southern Methodist University. 

Patrick Rea
Patrick Rea
Patrick Rea Vice President, Construction and Facilities
(972) 476-1945
prea@spiritrealty.com
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Mr. Rea joined Spirit in June 2016 and serves as Vice President of Construction and Facilities. He has been involved in the commercial real estate industry for over thirty years, managing and leasing all asset classes including Single Tenant Retail Properties, Retail Centers, Office, and Industrial Buildings.

Prior to joining Spirit, Mr. Rea spent 10 years at Realty Income Corporation. During his tenure at Realty Income, he spent eight years serving as head of the property management department where he oversaw a team of 15 property managers and a portfolio of over 4,300 properties across the United States and Puerto Rico.

Mr. Rea has a wide variety of experience in property management and commercial real estate management, leasing, sales, and site selection. His current responsibilities encompass managing the department’s daily duties associated with the operational aspects of commercial real estate. Mr. Rea holds a Bachelor of Business Administration from the University of San Diego and a California Real Estate Salesperson License.

Rayna Small
Rayna Small
Rayna Small Vice President, Property Management
(972) 476-1983
rsmall@spiritrealty.com
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Ms. Small joined Spirit in February 2015 and serves as Vice President of Property Management where she is responsible for lease administration and tenant communications, including onboarding/offboarding, lease compliance, and account management.

Ms. Small has more than 15 years of real estate management and accounting experience, including roles at Coldwell Banker Real Estate, Eagle Commercial Realty Services, and Nexus Development Corporation. Prior to joining Spirit, Ms. Small held roles in property accounting and property management at Nexus Development Corporation, overseeing all aspects of property management and development for over 500,000 square feet of retail space for two shopping centers located in Arizona and California. She holds a BBA in business administration from Eastern Michigan University and an MS in accounting from Grand Canyon University.