News

BNL Acquisition: BEF Foods, Inc.

Broadstone Net Lease has acquired two industrial properties tenanted by BEF Foods, Inc., a wholly-owned, indirect subsidiary of Bob Evans Farms, Inc. BEF Foods, Inc. is a leading producer and distributor of refrigerated side dishes, pork sausage, and a variety of frozen and convenience food items under the Bob Evans and Owens brand names. The mission-critical food processing and storage facilities are located in Lima, Ohio, and Sulphur Springs, Texas. The properties were acquired via a sale leaseback transaction. 

  • Closing Date: October 23, 2015
  • Square Footage: 329,595
  • Lease Type: Triple-net
  • Lease Length: 20 Years
  • Rent Increases: 2.00% Annually
  • Broker/source: Kevin Kelly, 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).