BNL Property Acquisition: BluePearl portfolio

Broadstone Net Lease has acquired four properties tenanted by BluePearl Veterinary Partners. The properties, which are located in Tampa, FL and Houston, TX, were acquired via lease assumption, and are held under one master lease with a remaining term of 17 years.

BluePearl, a subsidiary of Mars Inc., operates emergency and specialty veterinary hospitals based in the U.S. BNL currently owns 7 BluePearl properties in 5 states.

  • Closing Date: November 29, 2016
  • Square Footage: 40,122
  • Lease Length: 17 years
  • Lease Type: Triple-net
  • Broker/Source: Josh Pardue / Stan Johnson Co.

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).