Net Lease Exchange Web Site NNNEx.Com Launched By Commercial Net Lease Realty, Inc.

ORLANDO, Fla., June 20 /PRNewswire-FirstCall/ -- Commercial Net Lease Realty, Inc. , a real estate investment trust, announced today that it has launched a new net lease exchange web site http://www.nnnex.com/ .

"NNNEx was created as a free marketplace for information and networking between sellers, buyers and brokers to search the entire universe of net- leased assets, easily locate the best price and find the most qualified buyers," said Jay Bastian, Senior Vice President. "In terms of number of properties, the net lease industry provides the largest asset class of commercial real estate, and NNNEx coordinates this communication for the first time."

Net-leased properties are the favored replacement properties in 1031 Exchange transactions because of strictly enforced time constraints on buyers. NNNEx allows sellers, buyers and brokers to search updated property listings, post specific replacement property needs and timing requirements, become alerted to new listings that meet their investment criteria and market their properties for sale at no cost.

Commercial Net Lease Realty invests primarily in high-quality, single tenant retail properties generally subject to long-term net leases with established tenants, such as Barnes & Noble, Best Buy, CVS, OfficeMax and the United States of America. As of June 16, 2005, the company owned 427 investment properties in 40 states with a gross leasable area of approximately 8.9 million square feet. These properties are leased to 171 corporations in 61 industry classifications.

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