Exhibit 21.1
NET LEASE OFFICE PROPERTIES
SUBSIDIARIES OF REGISTRANT
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| (CA) ADS, LLC | | 100 | % | | Delaware |
| 308 Route 38 LLC | | 100 | % | | Delaware |
| 500 Jefferson Tower (TX) LLC | | 100 | % | | Delaware |
| 6000 Nathan (MN) LLC | | 100 | % | | Delaware |
| 601 Jefferson Manager (DE) LLC | | 100 | % | | Delaware |
| 601 Jefferson Tower (TX) LLC | | 100 | % | | Delaware |
| ADS2 (CA) LLC (fka ADS2 (CA) QRS 11-41, Inc.) | | 100 | % | | Delaware |
| AIRLIQ (TX) LLC | | 100 | % | | Delaware |
| AUTOPRO (GA) LLC | | 100 | % | | Delaware |
| Boom (MN) LLC | | 100 | % | | Delaware |
| Boom (MN) Transferee LLC | | 100 | % | | Delaware |
| Call LLC | | 100 | % | | Delaware |
| Develop (TX) LP | | 100 | % | | Delaware |
| Drug (AZ) LLC (fka Drug (AZ) QRS 14-42, Inc.) | | 100 | % | | Delaware |
| GRC GP (TX) LLC (fka GRC (TX) QRS 15-47, Inc.) | | 100 | % | | Delaware |
| GRC (TX) Limited Partnership | | 100 | % | | Delaware |
| GRC-II (TX) LLC (fka GRC-II (TX) QRS 15-80, Inc.) | | 100 | % | | Delaware |
| GRC-II (TX) Limited Partnership | | 100 | % | | Delaware |
| Hawk (IA) LLC | | 100 | % | | Delaware |
| Hawk JV Landlord (IA) LLC | | 100 | % | | Delaware |
| Hawk Landlord (IA) LLC | | 100 | % | | Delaware |
| Health Landlord (MN) LLC | | 100 | % | | Delaware |
| ICALL BTS (VA) LLC | | 100 | % | | Delaware |
| Jax Costa (FL) LLC | | 100 | % | | Delaware |
| Jax Costa Transferee LLC | | 100 | % | | Delaware |
| Jax Costa Transferee Principal LLC | | 100 | % | | Delaware |
| JPCentre (TX) LLC | | 100 | % | | Delaware |
| JPCentre Manager (TX) LLC | | 100 | % | | Delaware |
| JPTampa Management (FL) LLC | | 100 | % | | Delaware |
| MEDI (PA) LLC | | 100 | % | | Delaware |
| MIS EGN (MN) LLC | | 100 | % | | Delaware |
| MIS EGN (MN) Transferee LLC | | 100 | % | | Delaware |
| Morrisville Landlord GP (NC) LLC | | 100 | % | | Delaware |
| Morrisville Landlord (NC) LP | | 100 | % | | Delaware |
| NLO Financing B.V. | | 100 | % | | Netherlands |
| NLO Holding B.V. (fka WPC REIT Fau 42 B.V.) | | 100 | % | | Netherlands |
| NLO Holding Company LLC | | 100 | % | | Delaware |
| NLO International Holding LP | | 100 | % | | Delaware |
| NLO International Holding GP TRS LLC | | 100 | % | | Delaware |
| NLO MB TRS LLC | | 100 | % | | Delaware |
| NLO Mezzanine Borrower LLC | | 100 | % | | Delaware |
| NLO Noki Sp. z o.o. | | 100 | % | | Poland |
| NLO OP LLC | | 100 | % | | Delaware |
| | | | | | | | | | | | | | |
| Name of Subsidiary | | Ownership | | State or Country of Incorporation |
| NLO Pledgor LLC | | 100 | % | | Delaware |
| NLO SubREIT LLC | | 100 | % | | Delaware |
| Oak Creek 17 Investor (WI) LLC | | 100 | % | | Delaware |
| Orlando Storage 17 (FL) LLC | | 100 | % | | Delaware |
| ØAV 88 AS | | 100 | % | | Norway |
| Popcorn (TX) LLC (fka Popcorn (TX) QRS 14-43, Inc.) | | 100 | % | | Delaware |
| Roosevelt Blvd North (FL) LLC | | 100 | % | | Delaware |
| RRD (IL) LLC | | 100 | % | | Delaware |
| Spring Forest Road (NC) LLC | | 100 | % | | Delaware |
| Stone Oak 17 (TX) LLC | | 100 | % | | Delaware |
| Truth (MN) LLC | | 100 | % | | Delaware |
| Turbo Headquarters (TX) LLC | | 100 | % | | Delaware |
| Turbo Headquarters (TX) Transferee LLC | | 100 | % | | Delaware |
| USO Landlord (TX) LLC | | 100 | % | | Delaware |
| Vandenburg Blvd (PA) LLC | | 100 | % | | Delaware |
| Venice (CA) LP | | 100 | % | | Delaware |
| Venice (CA) Transferee LLC | | 100 | % | | Delaware |
| Venice (CA) Transferee Principal LLC | | 100 | % | | Delaware |
| WPC Crown Colony (MA) LLC | | 100 | % | | Delaware |
