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AZ Central

Scottsdale's Spirit Realty merges with Cole Credit Property of Phoenix

January 24, 2013

Scottsdale-based Spirit Realty Capital Inc. will nearly double its portfolio of commercial properties through its merger with Cole Credit Property Trust II of Phoenix. The boards of the two real estate investment trusts agreed to merge on Tuesday. The combined company will own a stake in more than 2,000 properties in 48 states.

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