Broadstone Net Lease Acquires 19 Properties in Five States

Private REIT Now Owns 373 Properties in 34 States

ROCHESTER, N.Y. – Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC, continues to grow its national portfolio of triple-net leased properties. Today, BNL announced the acquisition of 19 properties tenanted by Raben Tire Co., LLC (Raben) via a sale leaseback transaction.

Headquartered in Evansville, Indiana, Raben operates 28 stores, three retreading facilities, and two wholesale distribution centers across six Midwestern states. The company offers new and retreaded tires, as well as automotive repair services on behalf of retail, commercial, and wholesale customers. Continue reading