X0303 4 2008-08-21 0 0001390213 Corporate Property Associates 17 - Global INC NONE 0001054799 CAREY WILLIAM P C/O W. P. CAREY & CO. LLC 50 ROCKEFELLER PLAZA NEW YORK NY 10020 1 0 0 0 Common Stock 2008-08-21 4 A 0 5557.526 10.00 A 33548.616 I Acquired by Carey Asset Management Corporation The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the secuirites for purposes of Section 16 or for any other purpose. The Reporting Person's indirectly held shares are as follows: Carey REIT II, Inc. - 22,222.22 Carey Asset Management Corporation - 11,326.3960 /s/ Wm. Polk Carey 2008-08-22