News

Broadstone Net Lease REIT Acquires $95.3 Million of Property

Private REIT Owns 248 Properties in 32 States

ROCHESTER, N.Y. – Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, continues to grow its national portfolio of triple-net leased properties. The company announced 2015 year to date closings of $95.3 million, and now owns approximately $1.1 billion of property nationwide. BNL acquires free-standing, single-tenant, triple-net leased properties in the retail, industrial, and medical industries, and owns 248 properties in 32 states. Continue reading

News

BNL Acquisition: Atlas Southeast Papers, Inc.

Broadstone Net Lease has acquired one property tenanted by Atlas Southeast Papers, Inc., located in greater Orlando, Florida. Atlas Papers produces private label and economy grade bath tissue, roll tissue, hand towels, and facial tissue. The property was acquired via a sale-leaseback transaction.

  • Closing Date: April 2, 2015
  • Square Footage: 153,926
  • Lease Type: Triple-net
  • Lease Length:  15 Years
  • Rent Increases: 2.00% Annually
  • Broker/source: Andrew Sandquist, CBRE

Note: The brand listed may not represent BNL’s actual tenant but a lease guarantor, tenant franchise or a D/B/A (doing business as).

News

BNL Acquisition: Big Tex Trailers, Inc.

Broadstone Net Lease has acquired three additional properties tenanted by Big Tex Trailers, Inc. located across Texas. Big Tex Trailers is the leading manufacturer of professional grade open utility, equipment, horse, and livestock cargo trailers and truck beds in the United States and Canada.

  • Closing Date: April 2, 2015
  • Square Footage: 62,800 combined
  • Lease Type: Triple-net
  • Lease Length: Added to a master lease with 14.75 years remaining
  • Broker/source: Direct

Note: The brand listed may not represent BNL’s actual tenant but a lease guarantor, tenant franchise or a D/B/A (doing business as).