Exhibit 99.1

Corporate Property Associates 14 Incorporated
Supplemental Information

As of December 31, 2010

As used in this supplemental package, the terms “the Company,” “we,” “us” and “our” include Corporate Property Associates 14 Incorporated (“CPA^®:14”), its consolidated subsidiaries and predecessors, unless otherwise indicated.

Important Note Regarding Non-GAAP Financial Measures

This supplemental package includes non-GAAP measures, including funds from operations (“FFO”), funds from operations — as adjusted (“AFFO”) and adjusted cash flow from operating activities. A description of these non-GAAP measures and reconciliations to the most directly comparable GAAP measures are provided in this supplemental package.

Forward-Looking Statements

This supplemental package contains forward-looking statements within the meaning of the Federal securities laws. It is important to note that our actual results could be materially different from those projected in such forward-looking statements. You should exercise caution in relying on forward-looking statements as they involve known and unknown risks, uncertainties and other factors that may materially affect our future results, performance, achievements or transactions. Information on factors which could impact actual results and forward-looking statements contained herein is included in our filings with the SEC, including but not limited to our Annual Report on Form 10-K for the year ended December 31, 2010. We do not undertake to revise or update any forward-looking statements.

Executive Offices		Investor Relations
50 Rockefeller Plaza		Susan C. Hyde
New York, NY 10020		Managing Director & Director of Investor Relations
Tel: 1-800-WPCAREY or (212) 492-1100		W. P. Carey & Co. LLC
Fax: (212) 492-8922		Phone: (212) 492-1151
Web Site Address: www.CPA14.com

Corporate Property Associates 14 Incorporated
Reconciliation of Net Income (Loss) Attributable to CPA^®:14 Shareholders to Funds From Operations — as adjusted (AFFO) (Unaudited)
(in thousands, except share and per share amounts)

		Three months ended December 31,												Years ended December 31,
		2010				2009				2008				2010				2009				2008
Net income (loss) attributable to CPA®:14 shareholders		$	26,029			$	(7,119	)		$	3,140			$	66,917			$	5,316			$	45,164	(a)
Adjustments:
Depreciation and amortization of real property			7,426				8,873				8,026				30,594				35,910				32,963
Loss (gain) on sale of real estate			2,481				—				(364	)			2,486				(8,611	)			(1,062	)
Proportionate share of adjustments to equity in net income of partially owned entities to arrive at FFO:
Depreciation and amortization of real property			1,300				3,215				3,453				12,200				12,646				13,975
Gain on sale of real estate			(11,386	)			—				—				(11,605	)			(2	)			—
Proportionate share of adjustments for noncontrolling interests to arrive at FFO			(510	)			(1,501	)			(402	)			(2,097	)			(2,865	)			(1,871	)
Total adjustments			(689	)			10,587				10,713				31,578				37,078				44,005
FFO — as defined by NAREIT			25,340				3,468				13,853				98,495				42,394				89,169
Adjustments:
Loss (gain) on extinguishment of debt			803				—				—				(10,573	)			—				—
Gain on deconsolidation of subsidiary			—				—				—				(12,870	)			—				—
Other depreciation, amortization, and non-cash charges			(73	)			179				(992	)			(119	)			80				(27	)
Straight-line and other rent adjustments			(1,370	)			(2,667	)			401				(6,545	)			(1,810	)			(1,225	)
Impairment charges			729				19,466				110				10,131				40,345				1,139
Proportionate share of adjustments to equity in net income of partially owned entities to arrive at AFFO:
Other depreciation, amortization, and non-cash charges			52				299				100				271				362				1,100
Straight-line and other rent adjustments			82				14				(325	)			(84	)			(450	)			(829	)
Impairment charges			—				671				9,820				4,736				671				9,820
Proportionate share of adjustments for noncontrolling interests to arrive at AFFO			75				129				12				331				213				31
Total adjustments			298				18,091				9,126				(14,722	)			39,411				10,009
AFFO (b)		$	25,638			$	21,559			$	22,979			$	83,773			$	81,805			$	99,178
AFFO per share (c)		$	0.32			$	0.27			$	0.29			$	1.06			$	1.04			$	1.26
Weighted average shares outstanding			87,193,888				86,983,660				88,273,458				86,757,502				87,078,468				88,174,907

AFFO		$	25,638			$	21,559			$	22,979			$	83,773			$	81,805			$	99,178
Add: Issuance of shares to an affiliate in satisfaction of fees due			1,933				2,184				2,975				7,983				8,782				12,062
AFFO numerator in determination of AFFO per share		$	27,571			$	23,743			$	25,954			$	91,756			$	90,587			$	111,240

Non-GAAP Financial Disclosure

Funds from Operations (“FFO”) is a non-GAAP measure defined by the National Association of Real Estate Investment Trusts (“NAREIT”). NAREIT defines FFO as net income or loss (as computed in accordance with GAAP) excluding: depreciation and amortization expense from real estate assets, gains or losses from sales of depreciated real estate assets and extraordinary items; however, FFO related to assets held for sale, sold or otherwise transferred and included in the results of discontinued operations are to be included. These adjustments also incorporate the pro rata share of unconsolidated subsidiaries. FFO is used by management, investors and analysts to facilitate meaningful comparisons of operating performance between periods and among our peers. Although NAREIT has published this definition of FFO, real estate companies often modify this definition as they seek to provide financial measures that meaningfully reflect their distinctive operations.

We modify the NAREIT computation of FFO to include other adjustments to GAAP net income for certain non-cash charges, where applicable, such as gains or losses from extinguishment of debt and deconsolidation of subsidiaries, amortization of intangibles, straight-line rents, impairment charges on real estate and unrealized foreign currency exchange gains and losses. We refer to our modified definition of FFO as “Funds from Operations — as Adjusted,” or AFFO, and we employ it as one measure of our operating performance when we formulate corporate goals and evaluate the effectiveness of our strategies. We exclude these items from GAAP net income, as they are not the primary drivers in our decision-making process. Our assessment of our operations is focused on long-term sustainability and not on such non-cash items, which may cause short-term fluctuations in net income but have no impact on cash flows. As a result, we believe that AFFO and AFFO per share are useful supplemental measures for investors to consider because it will help them to better understand and measure the performance of our business over time without the potentially distorting impact of these short-term fluctuations.

Corporate Property Associates 14 Incorporated
Adjusted Cash Flow from Operating Activities (Unaudited)
(in thousands, except share and per share amounts)

		Years ended December 31,
		2010				2009				2008
Cash flow provided by operating activities — as reported		$	109,288			$	87,900			$	110,697
Adjustments:
Distributions received from equity investments in real estate in excess of equity income, net (a)			(3,473	)			9,880				7,959
Distributions paid to noncontrolling interests, net (b)			(3,702	)			(2,277	)			(3,522	)
Changes in working capital (c)			(552	)			5,695				(5,471	)
Advisor settlement (d)			—				—				(10,868	)
Adjusted cash flow from operating activities(e)		$	101,561			$	101,198			$	98,795
Adjusted cash flow per share		$	1.17			$	1.16			$	1.12
Distributions declared per share		$	0.7999			$	0.7934			$	0.7848
Payout ratio (distributions per share/adjusted cash flow per share)			68	%			68	%			70	%
Weighted average shares outstanding			86,757,502				87,078,468				88,174,907

Non-GAAP Financial Disclosure

Adjusted cash flow from operating activities refers to our cash flow from operating activities (as computed in accordance with GAAP) adjusted, where applicable, primarily to: add cash distributions that we receive from our investments in unconsolidated real estate joint ventures in excess of our equity income; subtract cash distributions that we make to our noncontrolling partners in real estate joint ventures that we consolidate; and eliminate changes in working capital. We hold a number of interests in real estate joint ventures, and we believe that adjusting our GAAP cash flow provided by operating activities to reflect these actual cash receipts and cash payments, as well as eliminating the effect of timing differences between the payment of certain liabilities and the receipt of certain receivables in a period other than that in which the item is recognized may give investors additional information about our actual cash flow that is not incorporated in cash flow from operating activities as defined by GAAP.

We believe that adjusted cash flow from operating activities is a useful supplemental measure for assessing the cash flow generated from our core operations as it gives investors important information about our liquidity that is not provided within cash flow from operating activities as defined by GAAP, and we use this measure when evaluating distributions to shareholders.

Corporate Property Associates 14 Incorporated
Portfolio Diversification as of December 31, 2010 (Unaudited)
Top Ten Tenants by Rent (Pro Rata Basis)

(in thousands)

		Annualized Contractual
Tenant/Lease Guarantor		Minimum Base Rent				Percent
Carrefour France, SAS (a)		$	19,369				11	%
Hellweg Die Profi-Baumärkte GmbH & Co. KG (a)			11,413				6	%
Advanced Micro Devices, Inc.			7,448				4	%
Dick’s Sporting Goods, Inc.			7,293				4	%
True Value Company			6,825				4	%
Petsmart, Inc.			5,357				3	%
Life Time Fitness, Inc.			5,202				3	%
Katun Corporation			4,609				3	%
Tower Automotive Products Co., Inc.			4,422				3	%
Perkin Elmer, Inc.			4,338				2	%
Total		$	76,276				43	%

Weighted Average Lease Term for Portfolio: 9.2 years

Corporate Property Associates 14 Incorporated
Portfolio Diversification as of December 31, 2010 (Unaudited)
by Geography and Property Type (Pro Rata Basis)

(in thousands)

		Annualized Contractual
Region		Minimum Base Rent				Percent
U.S.
East		$	41,987				23	%
West			35,202				20	%
Midwest			33,311				19	%
South			31,614				18	%
U.S. Total			142,114				80	%
International
France			19,369				11	%
Germany			11,413				6	%
Finland			4,422				2	%
The Netherlands			1,068				1	%
United Kingdom			464				0	%
International Total			36,736				20	%
Total		$	178,850				100	%

		Annualized Contractual
Property Type		Minimum Base Rent				Percent
Industrial		$	53,274				30	%
Warehouse/Distribution			50,719				28	%
Retail			27,188				15	%
Office			26,098				15	%
Other Properties(a)			21,571				12	%
Total		$	178,850				100	%

Corporate Property Associates 14 Incorporated
Portfolio Diversification as of December 31, 2010 (Unaudited)
by Tenant Industry (Pro Rata Basis)

(in thousands)

		Annualized Contractual
Industry Type(a)		Minimum Base Rent				Percent
Retail Trade		$	52,720				29	%
Electronics			24,726				14	%
Construction and Building			15,336				9	%
Leisure, Amusement, Entertainment			14,897				8	%
Automobile			9,516				5	%
Transportation — Cargo			9,362				5	%
Business and Commercial Services			9,005				5	%
Beverages, Food, and Tobacco			8,109				5	%
Chemicals, Plastics, Rubber, and Glass			5,702				3	%
Consumer Non-durable Goods			5,426				3	%
Machinery			4,532				3	%
Healthcare, Education and Childcare			4,495				3	%
Media: Printing and Publishing			3,882				2	%
Buildings and Real Estate			2,437				1	%
Consumer and Durable Goods			1,911				1	%
Aerospace and Defense			1,904				1	%
Mining, Metals, and Primary Metal Industries			1,846				1	%
Forest Products and Paper			1,485				1	%
Other(b)			1,559				1	%
Total		$	178,850				100	%