Jackson Hsieh The spinoff will “remove and isolate certain structural impediments that have been present” since Spirit Realty’s 2012 IPO, Hsieh said in August.

DALLAS—Spirit Realty Capital (SRC) said Tuesday it had filed confidentially with the SEC to register its planned spin-off, Spirit MTA REIT (SMTA). The plan was originally announced this past August, and would spin off substantially all of SRC’s properties leased to Shopko Stores.