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CapLease Reports on Impact of Hurricane Sandy

NEW YORK--(BUSINESS WIRE)-- CapLease, Inc. (NYSE: LSE)announced today that it has assessed the impact of Hurricane Sandy on its investment portfolio, and that none of its owned properties have been significantly damaged by the hurricane.

About the Company:

CapLease, Inc. is a real estate investment trust, or REIT, that primarily owns and manages a diversified portfolio of single tenant commercial real estate properties subject to long-term leases to high credit quality tenants.

Investor Relations/Media Contact:
ICR, LLC
Brad Cohen
bcohen@icrinc.com
212-217-6393

Source: CapLease, Inc.