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COMMERCIAL NET LEASE REALTY, INC. DECLARES DIVIDEND AND INCREASES AUTHORIZED SHARES

 ORLANDO, Fla., Sept. 29 /PRNewswire/ -- The board of directors of Commercial Net Lease Realty (AMEX: NNN), a real estate investment trust, declared a quarterly dividend of 28 cents per share payable Nov. 15, 1993 to stockholders of record on Oct. 11, 1993.
 The company also announced that shareholders approved an increase in the number of authorized shares of common stock from 8 million to 15 million in order to permit greater flexibility in raising additional capital and acquiring additional property.
 Commercial Net Lease Realty, an equity real estate investment trust, invests in high-quality freestanding properties subject to long-term, net leases with major retail and restaurant businesses. The company currently owns a total of 60 properties in 17 states.
 -0- 9/29/93
 /CONTACT: Robert A. Bourne, president, of Commercial Net Lease Realty, Inc., 407-422-1574/
 (NNN)


CO: Commercial Net Lease Realty, Inc. ST: Florida IN: SU: DIV

JB-AW -- FL010 -- 6871 09/29/93 13:51 EDT
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Publication:PR Newswire
Date:Sep 29, 1993
Words:155
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