News

Broadstone Net Lease Acquires $46.9 Million of Property via Two Transactions

Private REIT Now Owns 354 Properties in 34 States

ROCHESTER, N.Y. – Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC, continues to grow its national portfolio of triple-net leased properties. Today, BNL announced the acquisition of four Austin, Texas-area Rudy’s Country Store and Bar-B-Q locations operated by K&N Management, and the acquisition of one Virginia Beach, Virginia property tenanted by BluePearl Veterinary Partners via a sale leaseback transaction. The properties were acquired for a total purchase price of approximately $46.9 million. Continue reading

News

Broadstone Net Lease, Inc. and Broadtree Homes, Inc. Announce Addition of Two Independent Directors

Laurie Hawkes and Thomas P. Lydon Elected to the BNL and BTH Boards of Directors

ROCHESTER, N.Y. – Broadstone Real Estate, LLC (BRE) today announced the election and appointment of Laurie Hawkes and Thomas Lydon as Independent Directors to the Boards of Directors for the company’s two private Real Estate Investment Trusts (REITs), Broadstone Net Lease, Inc. (BNL) and Broadtree Homes, Inc. (BTH). Ms. Hawkes and Mr. Lydon were carefully vetted by the BNL and BTH Nominating and Corporate Governance Committees, respectively, prior to nomination as candidates. Continue reading