VEREIT® Selected as One of Arizona's Most Admired Companies in 2017 by Az Business Magazine and BestCompaniesAZ

PHOENIX, Sept. 15, 2017 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") is one of Arizona's Most Admired Companies ("MAC") of 2017, according to Az Business magazine and BestCompaniesAZ. VEREIT, along with the other Arizona Most Admired Company recipients, was recognized at an awards reception held on Thursday, September 14, 2017 and is featured in the September/October 2017 issue of Az Business magazine.

Arizona's Most Admired Companies are selected based on a company's performance in the following areas: Workplace Culture, Leadership Excellence, Corporate and Social Responsibility, Customer Opinion and Innovation. "We are honored to be among Arizona's Most Admired Companies. This recognition demonstrates that our culture, leadership and community involvement are among the best in the state. Ultimately, what truly sets VEREIT apart is our collaborative, ethical and hardworking people," said Glenn Rufrano, VEREIT's Chief Executive Officer.

"This is the most comprehensive corporate awards program in Arizona, and due to the breadth of the areas it examines, companies who are selected join a prestigious group of employers in Arizona. This program recognizes the wonderful contributions and impacts these most admired companies bring to the state," says Denise Gredler, founder and CEO of BestCompaniesAZ and co-founder of the MAC program.

The name VEREIT (pronounced "ver-REIT") combines 'veritas,' the Latin word for truth, with the name of the Company's industry. VEREIT has more than 340 employees working in all facets of the Company's business including real estate transactions and operations, and Cole Capital, VEREIT's investment management business. VEREIT is dedicated to serving its stakeholders and tenants, as well as its employees.

"Our culture is the root of our success. That culture stems from the investment we've made in employee engagement along with the successful programs we've put in place focusing on community outreach and social responsibility, internal education and employee recognition. This allows us to attract and retain top talent in the industry," said Kristy Lubeck, Vice President of Human Resources at VEREIT.

The Company celebrated the MAC recognition with an Employee Appreciation Week at its Phoenix headquarters and across its regional offices in New York City, Orlando, Atlanta, Austin and Chicago.

About VEREIT
VEREIT is a leading, full-service real estate operating company with investment management capability. VEREIT owns and actively manages a diversified portfolio of retail, restaurant, office and industrial real estate assets with a total asset book value of $15.0 billion including approximately 4,100 properties and 91.1 million square feet, located in 49 states, as well as Puerto Rico and Canada. Additionally, VEREIT manages $7.7 billion of gross real estate investments on behalf of the Cole Capital® non-listed REITs. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. Additional information about VEREIT can be found on its website at www.VEREIT.com and through social media platforms such as Twitter and LinkedIn.

About Az Business Magazine
Over the past 30 years, AZ Big Media has grown to encompass not just Az Business magazine, but a host of other publications and signature events. Az Business Magazine is the state's leading business publication. Published by AZ Big Media, the magazine covers a wide-range of topics focusing on the Arizona business scene, and is aimed at high-level corporate executives and business owners.

About BestCompaniesAZ – Arizona's Employer Branding Partner
BestCompaniesAZ specializes in helping corporate clients develop, strengthen and market their unique employer brands through a variety of events, awards and communications programs. Specialized services include employee opinion surveys, benchmarking, employment branding, recruitment strategies, award consultation and promotional services. BestCompaniesAZ is proud to be chosen as the Consulting Partner for the Top Companies program, serving five consecutive years, and Founding Partner for Arizona Most Admired Companies. For more information, visit www.BestCompaniesAZ.com.

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SOURCE VEREIT, Inc.