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Realty Income Corp- (O)-engages in the acquisition and ownership of commercial retail real estate properties in the United States. The company leases its retail properties primarily to regional and national retail chain store operators. As of December 31, 2006, it owned 1,955 retail properties located in 48 states, covering approximately 16.7 million square feet of leasable space. The company was founded in 1969 and is based in Escondido, California. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.
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