These days, the busiest buyer of single-tenant properties is Wells Real Estate Investment Trust of Atlanta.
And many more single-tenant properties with long-term leases are waiting to be tapped, said Mr. Ralston, whose company owns $1 billion in property.
Scott Latham, a senior director of Cushman & Wakefield, said he expected the funds to expand beyond single high-credit tenant office buildings in Midtown Manhattan and Washington to invest in multi-tenant properties in lower-tier markets.
For that reason, companies that invest in single-tenant properties are also actively engaged in encouraging corporations to divest themselves of real estate in order to acquire capital to expand their business.
"We're at the high end of our cycle right now," said Randy Blankstein, the president of the Boulder Group, a brokerage company in Northbrook, Ill., that specializes in single-tenant properties.
The market for single-tenant properties is so strong that many properties are sold with a few phone calls, said Robert White Jr., the president of Real Capital Analytics.
Even now the borough has 39,000 tenanted properties and 16,700 leasehold properties.
MPs voted by a majority of 26 to reject what critics have dubbed the "bedroom tax", removing some payments if council tenants' properties are deemed to be under-occupied.
The board members, all mayoral appointees chosen to represent tenants, property owners or the public at large, voted 6 to 3 to approve the increases.
But some on the nine-member board -- all mayoral appointees chosen to represent tenants, property owners or the public at large -- cited disparate economic factors, ranging from global warming to job losses since Sept. 11, that they said were easing the burden of landlords while placing tenants in a financial bind.
