Subject: Net Lease (NNN)

Kraft Foods Global Inc. has agreed to lease an 800,000-square-foot industrial warehouse in the Chicago suburb of Morris, Ill., from ProLogis. Total Logistics Control Inc. will operate the facility on behalf of Kraft. The space will serve as a distribution ...

Capital Lease Funding Inc. has lined up $211 million of bridge financing from Wachovia Bank, allowing it to complete its $364.4 million purchase of a portfolio of net-leased properties from the former Pitney Bowes Capital Corp.The New York REIT said ...

Commercial Real Estate Direct Staff ReportNewkirk Realty Trust, an entity formed to buy at least a 30 percent stake in a partnership controlled by Apollo Real Estate Investment Fund, Vornado Realty Trust and the head of Winthrop Financial Associates, has ...

February 1, 2005 Jonathan W. Hipp, a net lease broker, is forming Calkain Realty Advisors Inc., a Reston, Va., firm that will initially focus on single tenant, net lease real estate transactions.The firm will represent public and private REITs, institutional ...

December 30, 2004 A joint venture between Lexington Corporate Properties Trust (NYSE:LXP) and Utah State Retirement Investment Fund have committed an additional $71.4 million to invest in net-leased properties.The Utah pension is advised by AEW Capital Management. The venture, Triple ...

The Los Angeles firm, which is best known for helping clients sell mortgages and properties, is marketing $190 million of CMBS tied to properties that had been leased to Kmart.

The publicly traded company is looking to sell its headquarters campus in Plano for $75.5 million and lease it back in a 15-year deal. The 1 million-sf office campus is on 64 acres that could accommodate another 2.8 million sf ...

June 15, 2004 Commercial Net Lease Realty Inc. (NYSE:NNN) has promoted Julian E. "Jay" Whitehurst to chief operating officer.Whitehurst had been executive vice president and general counsel with the Orlando, Fla., company since February 2003, overseeing leasing, property management and ...

June 8, 2004 BentleyForbes has named David W. Cobb as president and chief executive officer.Cobb replaces C. Frederick Wehba II, who will become vice chairman of the Los Angeles investment firm.Cobb joins the company from Commercial Net Lease Realty Inc., ...

The Los Angeles investment firm is entering a growth spurt. It aims to make $300 million of acquisitions this year as part of an effort to double the size of its 11 million-sf portfolio within two years.