Thompson, who exited from Grubb& Ellis in February, says that in light of current marketconditions, "'Buy into fear and sell into greed' has never beenmore appropriate." As a survivor of four recessions, he says, heand his team "believe our experience and acquired good judgmentprovide our investors with a disciplined team" that can deliverresults for their clients.

Thompson says that his firm will identify investments via itsrelationships with real estate brokers, property owners, lendersand investment bankers in key markets. It will focus on addingvalue through a variety of management, operating and capitalstrategies.

Thompson founded Triple Net Properties LLC with four employeesin 1998 and was its chairman and chief executive officer untilOctober 2006, when he was elected chairman of the board of NNNRealty Advisors Inc., Triple Net Properties' affiliated holdingcompany. Over time the companies raised nearly $3 billion in equityfor various investment programs, including TIC deals.In 2006,Thompson oversaw the sale of 33% of NNNRealty Advisors for $160 million to institutional investorsthrough a 144A private equity offering.