News

BNL Acquisition: Bowles Fluidics Corporation

Broadstone Net Lease has acquired one property tenanted by Bowles Fluidics Corporation located in Columbia, Maryland. Bowles Fluidics is a market leader in the field of fluid engineering. The company has defined the fluidics industry with contributions to research, engineering, and manufacturing of over 250 patented products. This property serves as the corporate headquarters for Bowles Fluidics, and was acquired via a sale-leaseback transaction.

  • Closing Date: March 24, 2015
  • Square Footage: 88,972
  • 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).