EXHIBIT 21.1
Subsidiaries of the Company at February 20, 2007
Realty Income Texas Properties, L.P.
A Delaware limited partnership
Realty Income Texas Properties, Inc.
A Delaware corporation
A wholly owned subsidiary of Realty Income Corporation
RI GA 1, LLC
A Delaware limited liability company
A wholly owned subsidiary of Realty Income Corporation
RI TN 1, LLC
A Delaware limited liability company
A wholly owned subsidiary of Realty Income Corporation
RI TN 2, LLC
A Delaware limited liability company
A wholly owned subsidiary of Realty Income Corporation
RI CS 1, LLC
A Delaware limited liability company
A wholly owned subsidiary of Realty Income Corporation
RI CS 2, LLC
A Delaware limited liability company
A wholly owned subsidiary of Realty Income Corporation
RI CS 3, LLC
A Delaware limited liability company
A wholly owned subsidiary of Realty Income Corporation
RI SE, LLC
A Delaware limited liability company
A wholly owned subsidiary of Realty Income Corporation
Realty Income Pennsylvania Properties Trust
A Maryland business trust
Crest Net Lease, Inc.
A Delaware corporation
A wholly owned subsidiary of Realty Income Corporation
CRESTNET 1, LLC
A Delaware limited liability company
A wholly owned subsidiary of Crest Net Lease, Inc.
CRESTNET 2, LLC
A Delaware limited liability company
A wholly owned subsidiary of Crest Net Lease, Inc.
2921 Ross Clark Cir, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
3904 Pepperell Pkwy, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
4081 US Highway 231, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
4675 Center Point Rd, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
730 Academy Dr, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
316 Commons Dr, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
1453 Montgomery Hwy, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
812 Creighton Rd, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
4834 S Orange Ave, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
4797 S Semoran Blvd, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
3113 Gulf Breeze Pkwy, LLC
A Delaware limited liability company
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A wholly owned subsidiary of CRESTNET 2, LLC
2237 Capital Circle NE, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
1735 Cobb Parkway SE, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
2205 Riverside Pkwy, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
5029 Floyd Rd SW, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
406 Grayson Hwy, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
4095 Pleasant Hill, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
6000 Jimmy Carter Blvd, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
1008 Whitlock Ave, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
3527 Old Norcross Rd, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
2035 W Spring St, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
6942 Douglas Blvd, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
9777 Highway 92, LLC
A Delaware limited liability company
A wholly owned subsidiary of CRESTNET 2, LLC
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