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July 10, 2019  

Equity Sought for Net-Lease Fund

A new investment-management firm is seeking $50 million of equity for its debut fund.Guardian Advisory, of Newport Beach, Calif., would shoot for a 6-9% return by acquiring net-lease retail properties across the country.The vehicle, Guardian Net Lease Fund 1, would focus on properties with triple-net leases to Fortune 350 retailers, including 7-11, CVS, Dollar General, O’Reilly Auto Parts and Walgreens. With leverage, the fund would have...

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