Friday, November 04, 2005

New Net Lease REIT Closes $240 Million IPO

Newkirk Realty Trust Web Site - November 2, 2005

Newkirk Realty Trust, Inc. (NYSE:NKT) announced today the closing of its initial public offering of 15,000,000 shares of common stock at a price to the public of $16.00 per share.

Newkirk Realty Trust is a real estate investment trust that isthe general partner of, and owns a 30.1% controlling interest in, The Newkirk Master Limited Partnership. The Newkirk Master Limited Partnership is a publicly reporting limited partnership that owns a diversified portfolio of triple-net leased properties and other real estate-related assets. Sphere: Related Content

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