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BNL Property Acquisition: Florida Institute of Technology

Broadstone Net Lease has acquired a three story, custom-built office building in Melbourne, Florida, tenanted by Florida Institute of Technology. Florida Tech utilizes the property for admissions and financial aid offices, the registrar, classrooms, student common areas, and psychology departmental offices. The property was acquired via lease assumption.

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Broadtree Residential Acquires 264-Unit Multifamily Apartment Community in Atlanta Area

Private REIT Continues to Grow Atlanta Presence

ROCHESTER, N.Y. – Broadtree Residential (Broadtree), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), today announced the acquisition of “Somerset at the Crossings” (Somerset), a 264-unit multifamily community located in Tucker, Georgia, for a purchase price of $23.5 million. Continue reading