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NEW YORK CITY-Lexington Corporate Properties Trust, a locallybased REIT, has acquired five industrial/manufacturing sitesthroughout Kentucky in a sale-leaseback transaction. For anaggregate purchase price of $78.5 million, the company took theproperties form Dana Commercial Credit Corp. a wholly ownedsubsidiary of Dana Corp. Each property is now net leased to Danafor the next 20 years.

The properties in question include the 539,592-sf single-storysite at 750 North Black Branch Rd. in Elizabethtown, KY. It has atwo-story office component. Nearby is the 167,770-sf site at 730North Black Branch Rd. It is also a single-story property with atwo-story office component. Next is the 410,844-sf 301 Bill BreyerRd. site in Hopkinsville, KY and the 162,648-sf 3010 Airpark Dr.site in Owensboro. The final site is a single-storylight-industrial property measuring 336,350 sf at 10000 BusinessBlvd. in Dry Ridge.

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