The new REIT is modeled after the ARC Corporate Realty Trust,which ARC formed in 1993. The ARC Corporate assets werestrategically sold between 2006 and 2007, prior to the downturn ofthe real estate market.

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Robert J. Ambrosi, chairman and CEO of ARC Properties andARCTrust, tells GlobeSt.com, "ARCTrust is in a unique positionbecause we are experienced in both acquisition and development ofnet lease properties. Unlike a pure financial company, ARCTrustbrings tenant knowledge to every acquisition."

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Since its formation in January, the REIT has acquired ordeveloped several properties including, CVS Edgewater, Wells Fargoin Washington, Firestone in Allentown and Walgreen's in Manalapan.The company is actively seeking new acquisitions and selectpreferred developers that it can work with to expand itsdevelopment program.

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ARC Properties was formed 25 years ago by Robert J. Ambrosi andMarc Perel and has been responsible for the acquisition anddevelopment of more than 200 properties with an aggregate value inexcess of $2 billion.

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