News

BNL Property Acquisition: Nationwide

Broadstone Net Lease has acquired two properties located in Harrisburg and Harleysville, Pennsylvania tenanted by Nationwide Mutual Insurance Company. The two mission-critical properties support numerous Nationwide business units, including underwriting, claims processing, and information technology, amongst others.

Nationwide, a Fortune 100 company, is one of the largest diversified insurance and financial services companies in the world.

  • Closing Date: April 25, 2016
  • Square Footage: 384,797
  • Lease Type: Triple-net
  • Lease Length:  12 Years
  • Rent Increases: 2.00% annually
  • Broker/Source: Steve Marzullo/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).