For Immediate Release                                            EXHIBIT 99.1






For information contact:
Liz Kohlmyer
Communications Manager
(407) 540-2221
                                                                    NYSE: TSY




           TRUSTREET PROPERTIES CLOSES ON THE SALE OF THE FSI HAWAIIAN
                          OPERATIONS TO ALOHA PETROLEUM



ORLANDO, FL - September 29, 2005 - Trustreet Properties,  Inc. (NYSE:TSY) closed
on the  sale  of the  FSI  Hawaiian  convenience  and gas  operations  to  Aloha
Petroleum. This business was acquired in February 2005 as a result of the merger
with US  Restaurant  Properties,  Inc.  Under  the  terms  of this  transaction,
Trustreet sold the real property  associated with the fuel terminal and retained
the real property associated with the retail locations.

About Trustreet
Trustreet   Properties,   Inc.  (pronounced  trust  -  street)  is  the  largest
self-advised  restaurant  real  estate  investment  trust  (REIT) in the  United
States.  Trustreet,  traded on the NYSE under the ticker symbol TSY,  provides a
complete range of financial,  real estate and advisory  services to operators of
national and regional  restaurant  chains.  For more information,  visit our web
site at http://www.trustreet.com.


The company does not disclose  certain  information on individual  transactions.
Lease rates and terms are  competitive in nature and are considered  proprietary
information.

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