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Spirit Realty To Spin-Off ShopKo Store Portfolio, Other Assets into a New REIT

Separate REIT Would Take on Struggling Store Operator’s Locations with Goal of Selling Them Off
CoStar News
August 4, 2017 | 6:08 P.M.

Spirit Realty Capital, Inc. (NYSE: SRC), a net lease real estate investment trust, plans to spin-off of its ShopKo leased real estate and other properties into a separate publicly traded REIT.

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