REIT Prices Stock Offering

Commercial Net Lease Realty Inc., a real estate investment trust based in Orlando, Fla., has priced a public offering of 5.6 million shares of its common stock at $18 per share.The net proceeds totaled $95.6 million, the REIT said. Citigroup Global Markets is acting as the sole book-running manager, with Wachovia Securities as co-lead manager. The REIT invests in single-tenant retail, office, and industrial properties subject to long-term net leases. It can be found online at http://www.cnlreit.com.

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