American Realty Capital Trust

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    After years of the net lease market being perceived as more favorable to sellers than buyers, the widening cap rate spread combined with a change in investor sentiment has shifted the market, notes The Boulder Group President Randy Blankstein.

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    The 36-story, 303,515-square-foot Class A office building at 600 Lexington Ave. was acquired by SL Green as part of a joint venture in 2010. The company then took full ownership of the property in December 2015.

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