EXHIBIT 31.2



                    CERTIFICATION OF CHIEF FINANCIAL OFFICER

                 PURSUANT TO RULE 13a-14 AS ADOPTED PURSUANT TO
                  SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

         I, Steven D.  Shackelford,  the Chief  Financial  Officer of  Trustreet
Properties, Inc., certify that:

         1. I have  reviewed  this  quarterly  report on Form 10-Q of  Trustreet
            Properties, Inc.;

         2. Based on my knowledge,  this  quarterly  report does not contain any
            untrue statement of a material fact or omit to state a material fact
            necessary to make the statements made, in light of the circumstances
            under which such  statements  were made, not misleading with respect
            to the period covered by this quarterly report;

         3. Based on my knowledge, the financial statements, and other financial
            information included in this quarterly report, fairly present in all
            material respects the financial condition, results of operations and
            cash flows of the  registrant as of, and for, the periods  presented
            in this quarterly report;

         4. The registrant's  other certifying officer and I are responsible for
            establishing and maintaining  disclosure controls and procedures (as
            defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) and internal
            control over  financial  reporting (as defined in Exchange Act Rules
            13a-15(f) and 15d-15(f)) for the registrant and we have:

                 a.   Designed  such  disclosure  controls  and  procedures,  or
                      caused  such  disclosure  controls  and  procedures  to be
                      designed  under our  supervision,  to ensure that material
                      information  relating  to the  registrant,  including  its
                      consolidated  subsidiaries,  is made known to us by others
                      within those entities,  particularly  during the period in
                      which this report is being prepared;

                 b.   Designed such internal  control over financial  reporting,
                      or caused such internal  control over financial  reporting
                      to  be  designed   under  our   supervision,   to  provide
                      reasonable   assurance   regarding  the   reliability   of
                      financial  reporting  and  the  preparation  of  financial
                      statements  for  external   purposes  in  accordance  with
                      generally accepted accounting principles;

                 c.   Evaluated the effectiveness of the registrant's disclosure
                      controls and  procedures  and presented in this report our
                      conclusions  about  the  effectiveness  of the  disclosure
                      controls  and  procedures,  as of the  end  of the  period
                      covered by this report based on such evaluation; and

                 d.   Disclosed  in this  report any change in the  registrant's
                      internal  control over  financial  reporting that occurred
                      during the  registrant's  most recent fiscal  quarter (the
                      registrant's  fourth  fiscal  quarter  in the  case  of an
                      annual  report)  that  has  materially  affected,   or  is
                      reasonably likely to materially  affect,  the registrant's
                      internal control over financial reporting; and

         5. The  registrant's  other  certifying  officer and I have  disclosed,
            based  on our  most  recent  evaluation  of  internal  control  over
            financial  reporting,  to the  registrant's  auditors  and the audit
            committee  of  the  registrant's  board  of  directors  (or  persons
            performing the equivalent functions):

                 a.   All significant  deficiencies  and material  weaknesses in
                      the design or operation of internal control over financial
                      reporting which are reasonably  likely to adversely affect
                      the registrant's ability to record, process, summarize and
                      report financial information; and


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                 b.   Any  fraud,   whether  or  not  material,   that  involves
                      management or other employees who have a significant  role
                      in  the  registrant's   internal  control  over  financial
                      reporting.


Date:  August 9, 2005


/s/ Steven D. Shackelford
----------------------------
Steven D. Shackelford
Chief Financial Officer