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June 6, 2006

By Michelle Napoli

The latest data reveals that cap rates have started to rise, albeit marginally, for each of the three core property types of the net lease market. In addition, it looks as though prospective sellers have flooded the market with available properties, hoping to hop aboard the low cap rate train as it pulls out of the station. Cap rates are expected to continue their upward track as interest rates continue their climb and property supply outstrips demand.

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