News

Private REIT Raised $387+ Million in Equity and Acquired 117 Properties for $551+ Million in 2015

Broadstone Net Lease REIT Posts Record Year for Fundraising and Acquisitions

ROCHESTER, N.Y. – Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate (BRE), experienced record growth in 2015. Today, BNL announced fourth quarter acquisitions of $285.3 million, as the REIT acquired 66 properties in seven transactions. The REIT acquired 117 properties through 28 transactions for $551.6 million during 2015. BNL’s portfolio includes 340 properties in 34 states that are 100% leased, with a total asset value of approximately $1.6 billion. Continue reading

News

Broadstone Net Lease Acquires 18 Red Lobster Properties via Two Transactions

Private REIT Now Owns 340 Properties in 34 States

ROCHESTER, N.Y. – Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, continues to grow its national portfolio of triple-net leased properties. On December 31, 2015, BNL announced the acquisition of 18 Red Lobster properties in 14 states via two separate sale leaseback transactions, for a total purchase price of approximately $74.4 million. Continue reading