ESCONDIDO, CA—Locally based Realty Income Corp. recently reported operating results for the first quarter ending March 31st, showing that for the quarter—as compared to the quarterly period in 2013—revenue increased 26.3% to 221.6 million as compared to $175.5 million.

According to the firm’s CEO, John Case, “the portfolio continues to perform quite well, with same store rent rising 1.5% from a year ago and occupancy increasing to 98.3%, the highest it’s been since 2007.”

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