EXHIBIT 7.12

JOINT FILING AGREEMENT

Pursuant to Rule 13d-1(k) promulgated under the Securities Act of 1934, as amended, each of Inland American Real Estate Trust, Inc., Inland Western Retail Real Estate Trust, Inc., Inland Investment Advisors, Inc., Inland Real Estate Investment Corporation, The Inland Group, Inc., Eagle Financial Corp., The Inland Real Estate Transactions Group, Inc., IMIC Stock Holding Corp., Minto Builders (Florida), Inc., Daniel L. Goodwin and Robert H. Baum hereby agree that the Schedule 13D to which this Exhibit 7.12 is attached and any amendments thereto relating to the acquisition or disposition of shares of common stock of CapLease, Inc. is filed jointly on behalf of each of them.

This agreement may be executed in counterparts, each of which when so executed shall be deemed to be an original, and all of which together shall be deemed to constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Joint Filing Agreement.

Dated:  June 22, 2009	INLAND AMERICAN REAL ESTATE TRUST, INC.
		/s/ Brenda G. Gujral
	Name:	Brenda G. Gujral
	Title:	President
Dated:  June 22, 2009	INLAND WESTERN RETAIL REAL ESTATE TRUST, INC.
		/s/ Steven P. Grimes
	Name:	Steven P. Grimes
	Title:	Chief Operating Officer, Chief Financial Officer and Treasurer
Dated:  June 22, 2009	INLAND INVESTMENT ADVISORS, INC.
		/s/ Roberta S. Matlin
	Name:	Roberta S. Matlin
	Title:	President
Dated:  June 22, 2009	INLAND REAL ESTATE INVESTMENT CORPORATION
		/s/ Roberta S. Matlin
	Name:	Roberta S. Matlin
	Title:	Senior Vice President
Dated:  June 22, 2009	THE INLAND GROUP, INC.
		/s/ Daniel L. Goodwin
	Name:	Daniel L. Goodwin
	Title:	President

Dated:  June 22, 2009	EAGLE FINANCIAL CORP.
		/s/ Daniel L. Goodwin
	Name:	Daniel L. Goodwin
	Title:	President
Dated:  June 22, 2009	THE INLAND REAL ESTATE TRANSACTIONS GROUP, INC.
		/s/ Daniel L. Goodwin
	Name:	Daniel L. Goodwin
	Title:	President
Dated:   June 22, 2009	MINTO BUILDERS (FLORIDA), INC.
		/s/ Roberta S. Matlin
	Name:	Roberta S. Matlin
	Title	Vice President
Dated:  June 22, 2009	IMIC STOCK HOLDING CORP.
		/s/ Daniel L. Goodwin
	Name:	Daniel L. Goodwin
	Title:	President
Dated:  June 22, 2009	DANIEL L. GOODWIN
		/s/ Daniel L. Goodwin
Dated:  June 22, 2009	ROBERT H. BAUM
		/s/ Robert H. Baum