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CPA:17 – Global Purchases Bon-Ton Department Store Portfolio for $88 Million

CPA:17 – Global Purchases Bon-Ton Department Store Portfolio for $88 Million

New York — CPA:17 – Global, a non-traded managed REIT of New York-based W.P. Carey Inc. (NYSE: WPC), has purchased a portfolio of six Midwestern net lease properties leased to an affiliate of The Bon-Ton Stores Inc. (Bon-Ton) for approximately $88 million.