W P Carey ranks among the largest net lease REITs with an enterprise value of approximately 18 billion and a diversified portfolio of operationallycritical commercial real estate that includes 1215 net lease properties covering approximately 142 million square feet as of September 30 2020 For nearly five decades the company has invested in highquality singletenant industrial warehouse office retail and selfstorage properties subject to longterm net leases with builtin rent escalators Its portfolio is located primarily in the US and Northern and Western Europe and is welldiversified by tenant property type geographic location and tenant industry