Monday, February 7, 2011

Broadstone REIT Acquires Three Net-Leased Properties for $36M

Broadstone Net Lease (BNL) acquired three net lease properties totaling $36.1M:

  • The Unity at Ridgeway medical office property in Rochester, N.Y., a Class-A property master leased to Unity Health System for 20 years (four-story, 120,000 sq ft).
  • The 20,473 sq. ft. Guardian Urgent Care Center in Westminster, Colo. (initial lease term of 15 years).
  • A distribution center in St. Louis, Mo. (81,000 sq. ft) leased to Jeffco Trucking for an initial term of 20 years.

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