The 17 smaller REITs that Green Street Advisors began tracking in the past three years have market valuations between $175 million and $4.4 billion and dividends of up to 7.6%. Corporate Office Property Trust, RioCan, Kimco Realty, Boardwalk, BioMed Realty and Piedmont Office Realty are among Green Street's list of REITs to watch.

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