BNL Acquisition: American Roller

Broadstone Net Lease has acquired one additional property tenanted by American Roller in Oshkosh, Wisconsin. American Roller is a service company that provides new coatings and coverings for steel rollers used in manufacturing. BNL currently owns seven American Roller properties in Wisconsin, Indiana, and South Carolina. The newly acquired property will be added to the existing master lease, which expires in 15 years. Continue reading


BNL Acquisition: Applebee’s Portfolio

Broadstone Net Lease has acquired a portfolio of eight Applebee’s restaurants with locations across Wisconsin. The properties were acquired via lease assumption, and are operated by Wisconsin Hospitality Group, LLC, a multi-concept operator. BNL currently owns 22 Applebee’s restaurants in seven states.

  • Closing Date: December 8, 2015
  • Square Footage: 41,094
  • Lease Type: Triple-net
  • Lease Length:  15 Years
  • Rent Increases: 1.50% annually
  • Broker/source: PJ Behr, CNL Commercial Real Estate

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).


Broadstone Net Lease Acquires Arkansas Surgical Hospital via UPREIT Transaction

Private REIT Now Owns 314 Properties in 33 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. On November 23, 2015, BNL announced the acquisition of a property tenanted by Arkansas Surgical Hospital (ASH) via an UPREIT transaction.

Located in North Little Rock, Arkansas, ASH is a short-term acute care surgical hospital that specializes in joint replacement and spinal procedures, with 18 practicing surgeons. Constructed in 2005 and expanded in 2008, the 125,909 square foot facility houses 11 operating rooms. ASH has achieved accreditation by the Accreditation Association for Hospitals and Health Systems (AAHHS). Accreditation distinguishes ASH from many other facilities by proving the hospital provides the highest quality of care to its patients as determined by an independent, external process of evaluation. Continue reading