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June 21, 2005

By Michelle Napoli

San Diego-based Midtown Niki Group, which invests in sale-leasebacks and triple-net leased properties, acquired about $100 million of properties last year. And while it would love to do twice that much in 2005, chief operating officer Kirk Cypel says given the market's current competitiveness and the company's investment parameters, maintaining last year's level is more realistic.

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