Broadstone Adds Six Restaurants to REIT Portfolio
01 Septiembre 2009 - 7:25AM
PR Newswire (US)
ROCHESTER, N.Y., Sept. 1 /PRNewswire/ -- Broadstone Real Estate,
LLC today announced that Broadstone Net Lease, Inc. has purchased
six properties in Oklahoma and Texas through a $7.3 million
sale-leaseback transaction with Sonic Corp. and its affiliates.
Sonic Corp., headquartered in Oklahoma City, Oklahoma, operates and
franchises a chain of more than 3,500 quick-service drive-in
restaurants located throughout the United States. Sonic, America's
Drive-In, originally started as a hamburger and root beer stand in
1953 in Shawnee, Okla., called Top Hat Drive-In, and then changed
its name to Sonic in 1959. Shares of Sonic are traded on the NASDAQ
under the ticker symbol SONC. Broadstone Net Lease, Inc. (BNL) is a
private Real Estate Investment Trust (REIT) formed in 2007 to
invest in freestanding, single-tenant, net-leased properties
located throughout the United States. BNL is externally managed by
Broadstone Real Estate, LLC and Broadstone Asset Management, LLC.
The fund sponsors are Norman Leenhouts, Amy Tait and Robert Tait.
BNL currently owns 43 properties located in 15 states. Additional
information can be found at http://www.broadstonere.com/.
DATASOURCE: Broadstone Real Estate, LLC CONTACT: Amy L. Tait, CEO,
Broadstone Real Estate, LLC, +1-585-399-7091, or Chris Czarnecki,
Capital Markets, Broadstone Real Estate, LLC, +1-585-399-7040, Web
Site: http://www.broadstonere.com/
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