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September 5, 2006

By Michelle Napoli

Restaurant properties continue to be a focus for both portfolio and individual property buyers in the net lease marketplace. Smaller properties are especially popular since they enjoy a large buying audience in 1031 circles. One recent deal that fits the bill is Pizza Hut franchisee NPC International Inc.’s agreement to sell an 89-property package to Realty Income Corp. for $59 million.

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