FrontView REIT, Inc. is an internally managed Real Estate Investment Trust focused on the ownership and operation of outparcel properties. FrontView REIT completed its IPO on October 3, 2024 and trades on the NYSE under the ticker FVR. At IPO, FrontView owned a portfolio of 278 outparcel properties encompassing more than 2.1 million rentable square feet. The company's portfolio spans 96 MSAs in 31 different U.S. states. FrontView had the most exposure to Illinois at IPO, with 12.1% of its total annualized base rent (ABR) generated in that state. The company enjoys a diverse tenant base with 137 unique brands occupying its 278 outparcel properties. Verizon was reported as FrontView's top tenant as of 2Q'24, accounting for 3.4% of the company's ABR.
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