While the combination was billed as a merger, Bradley REIT CEOThomas D'Arcy said the deal is essentially a takeover of BradleyREIT by Heritage REIT.

The total financing package is $760 million, which involves $100million of equity, which will leave Prudential with an 8% stake inHeritage, $235 million in mortgage financing and arrangement of$425 million in unsecured bank credit.

Prudential will be securitizing the $235 million mortgageportion of the financing in a single borrower CMBS issue nextmonth. This deal will be separate from Prudential's planned $1billion CMBS conduit that will also be launched next month.

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