Lexington made some Boston area purchases. For additionalinformation, go to Lexington Takes Two Properties for $48M.

The JV, which was formed earlier this year, invests insingle-tenant net-leased real estate throughout the US. To date, ithas made investments in 11 properties with an aggregate acquisitioncost of $110.5 million. "We believe that our joint venture strategyhelps us create shareholder value, enhance our portfoliodiversification, increase our acquisition volume and generatehigher returns on equity," says Lexington chair E. RobertRoskind.

The partnership also made a few acquisitions. The JV acquired atwo-story office building in Canonsburg, PA for approximately $14.9million. The 107,872-sf building is net-leased to ANSYS Inc.through Dec. 31, 2014. The JV also acquired six retail propertiestotaling 714,522-sf for $24.1 million. Each is net-leased to KmartCorp. through Dec. 31, 2018, under separate leases.