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August 2, 2005

By Michelle Napoli

Capital Lease Funding Inc. has agreed to buy five properties that are leased in their entirety to the federal government for an aggregate purchase price of $97.5 million. The properties—in Birmingham, AL; Sandy, UT; Kansas City, KS and Austin, TX—total approximately 292,000 sf and have a weighted average remaining lease term of about 16 years.

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