CapLease Declares Interim Fourth Quarter Dividends in Connection with Proposed Merger with ARCP

NEW YORK--(BUSINESS WIRE)--CapLease, Inc. (NYSE:LSE) (the “Company”) announced today that its Board of Directors has authorized a prorated quarterly cash dividend for the Company’s fourth fiscal quarter through the anticipated closing date of its previously announced merger with an affiliate of American Realty Capital Properties, Inc. The dividend on the Company’s common stock and limited partnership units will be in an amount equal to a quarterly dividend of $0.0775 per share or unit prorated to reflect the number of days in the fourth quarter through the closing date of the merger.