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Moderating GDP

The White House now projects the GDP to rise 3.1% this year down from the June forecast of 3.6%. This may make Bernake bold to hold interest rates steady for the near term. The effect on Cap rates may a slight firming. This projects slightly stronger prices for net leased properties if this trend holds. It is still location, location, location and...the credit worthiness of the tenant that projects best for future investment value.