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December 7, 2004

By Michelle Napoli

Both the number and cumulative value of net-lease properties on the market are more than double what they were this time last year—spiking from 3,198 properties worth $11.2 billion in the fourth quarter of 2003 to 7,962 properties worth $23.8 billion this quarter. Of course, last year’s figures were considered a record low.

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