SANTA ANA, CA-G REIT, a REIT that specializes in buildings occupied by government entities, has authorized the distribution of $43.9 million from a liquidation plan previously approved by the stockholders of the firm. Scott D. Peters, chief executive officer and president of G REIT, points out that the $43.9 million is the third special liquidating distribution since the plan of liquidation was approved by its stockholders in February 2006.

The new distribution will be paid on Nov. 9 and will bring the total of distributions paid from the liquidation plan to $346.9 million, or $7.90 per share. In addition to the special distributions, a total of $31.6 million has been paid to date to stockholders in monthly liquidating distributions.

G REIT has sold nine properties this year after disposing of 10 properties in 2006 under the liquidation plan, leaving six properties that the REIT now has on the market for sale. G REIT is managed by locally based tenant-in-common sponsor Triple Net Properties, which is a wholly owned subsidiary of NNN Realty Advisors Inc.

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