Broadstone Net Lease has acquired a newly constructed expansion building tenanted by American Roller in Union Grove, Wisconsin. In 2012, BNL originally did a portfolio sale-leaseback with American Roller, which included five buildings for an acquisition price of $8.0 million. BNL’s acquisition of the expanded nearly 60,000 sq. ft. manufacturing facility represents a new model and opportunity for BNL– to assist existing tenants with capital expansion and growth.
- Closing Date: January 9, 2015
- Square Footage: 52,488
- Lease Type: Triple-net
- Lease Length: 16 Years
- Rent Increases: CPI
- Broker/source: Andy Sandquist, CB Richard Ellis
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).