March 17, 2010 (FinancialWire) — CapLease, Inc.’s (NYSE: LSE) board of directors has declared a cash dividend of $0.06 per share of common stock and per limited partnership unit for the first quarter of 2010.

The board also declared a cash dividend of $0.5078125 per share of 8.125% series A Cumulative Redeemable preferred stock (NYSE: LSEPrA) for the first quarter of 2010.

Both the common and the preferred dividends are payable on April 15, 2010 to stockholders of record as of March 31.

New York-based CapLease is a real estate investment trust, or REIT, that invests primarily in single tenant commercial real estate assets subject to long-term leases.

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