The financing was secured by the New York office of HollidayFenoglio Fowler LP. Terms and rates for the financing were notdisclosed. An HFF representative did not return a telephone callseeking comment, but says in its press release that thesingle-tenant assets were acquired during an 18-month period.

"The borrower cross-collateralized and cross-defaulted theportfolio resulting in a substantially higher appraisal valuationthan the individual assets at the time of acquisition," HFF seniormanaging director Jay Marshall says in the release.

According to the locally based Boulder Net Lease Funds' pressreleases, the assets and their sale prices are as follows. A105,935-sf flex building, leased by Sprint, at 10951 Lakeview Ave.in Kansas was purchased for $6.2 million. A 151,350-sf officebuilding, leased by Northrop Grumman, at 888 S. University ParkBlvd. in Clearfield, UT was bought for $22.9 million. A 48,400-sfoffice building, leased by Sun Microsystems, at 1617 Southwood Dr.in Nashua, NH was acquired for $6.7 million. A 70,680-sf officebuilding, leased by HIT Entertainment, at 830 S. Greenville Ave. inAllen, TX was purchased for $10.2 million. A 90,432-sf flexbuilding, leased by L-3 Communications, at 1908 110th St. in GrandPrairie, TX traded for $4.2 million. And, a 200,000-sfmanufacturing building, leased by Lake Erie Products, at 3821 W.County Rd. in Frankfort, IN was picked up for $9.6 million.

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