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Sponsor UpClose: TIC Properties LLC	By Michelle Napoli

The formation in 2001 of TIC Properties LLC came out of a common complaint CEO John W. Boyd heard from clients of his 1031 exchange qualified intermediary business, Boyd Corp. “They couldn't find the type of replacement property they were looking for—they all wanted a high-credit tenant with a long-term lease with no management and no maintenance,” Boyd says.

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