ORLANDO-Although National Retail Properties Inc.’s acquisitionsactivity during the first half of the year was slower thanoriginally anticipated, it is expected to pick up significantlyduring the second half of the year, according to CEO Craig Macnab.He made the announcement during the company’s second quarterearnings conference call.

“So far this year, we are making acquisitions one property at atime, which means our acquisition volume has been lower,” Macnabsaid. “The good news is that visibility on pending acquisitions hasimproved, and our activity in the second half looks like it mayallow us to reach our targeted acquisition goal of $170 million forthis year.”

During the second quarter, National Retail Properties acquiredsix properties for a total of $26.2 million with an initial caprate of 9.43%. So far this year, the REIT has invested $38.6million in 10 properties.