BNL Property Acquisition: Bloomin’ Brands Portfolio

Broadstone Net Lease has acquired a 24-property Bloomin’ Brands portfolio, which includes 22 Outback Steakhouses and two Carrabba’s Italian Grill properties in 13 states.

Bloomin’ Brands operates approximately 1,500 casual dining restaurants in 48 U.S. states, Puerto Rico, Guam, and 22 countries under the Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Fleming’s Prime Steakhouse & Wine Bar, and Abbraccio brands.

  • Closing Date: September 29, 2016
  • Square Footage: 151,749
  • Lease Type: Triple-net
  • Broker/Source: Brian Pfohl/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).