In the first transaction, publicly traded specialty retailer Galyan's Trading Company Inc. sold three retail facilities to CPA 15 totaling 260,000 sf for $21.9 million. The stores are being leased back under separate 20-year triple net leases. Over the past three years, W. P. Carey has acquired and leased back five facilities from Galyan's totaling more than $50 million. The most recent three are located in Greenwood, IN; Freehold, NJ; and Buffalo, NY. Gaylan's operates 38 stores in 18 states that offer outdoor and athletic equipment, apparel and footwear.

In the second transaction, Grande Communications, a provider of Internet, long distance and cable television services, sold its corporate headquarters and regional headquarters to CPA 15 for $13.8 million. The headquarters consist of four office/retail facilities located in the Texas cities of San Marcos, Waco, Odessa and Corpus Christi.

The third transaction saw the Kansas City, MO-based portfolio company of a New York private investment firm sell its two primary manufacturing centers in Arkansas for approximately $6 million. Totaling 440,000 sf, the facilities are being leased back under a 15-year triple net lease.