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Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

$38.8 million invested

31st Oct, 2012back

213 Broadstone Real Estate LLC announced yesterday that Broadstone Net Lease Inc has completed its purchase of 21 net leased properties for a combined purchase price of $38.8 million. 

 

On 26th June this year, Broadstone Net Lease purchased two industrial buildings located in Ohio, with a total area of 132,866 square feet, through a sale and lease back transaction.  These properties are on an initial lease term of 17 years to Enginetics Aerospace, which is a company that manufactures specialty fabricated parts for the aerospace industry.  This purchase was followed by the purchase of six Wendy's restaurants on 2ndJuly.

 

On 21st September, Broadstone Net Lease purchased a medical office building situated in Greensboro in North Carolina, also through a sale and lease back transaction.  This property is on an initial lease term of 15 years to Southeastern Eye Center, which offers a number of cutting edge surgical procedures such as Retinal, Lasik, and glaucoma and cornea procedures.

 

On 18th October, Broadstone Net Lease acquired a medical building located in Lewisville in Texas through a sale and lease back transaction, for 14 years on an absolute net basis, with My Dentist Holdings, which is a leading dental practice company. 

 

Also on 18th October, Broadstone Net Lease purchased 11 Kentucky Fried Chicken food outlets in Chicago, Illinois, through a sale and lease back transaction again, all of which are master leased for 14 years on an absolute net basis.

 

"All of these great acquisitions continue to diversify BNL's portfolio in three of our key growth segments of medical office, industrial and restaurants," said the chairman and chief executive officer of Broadstone Net Lease, Amy Tait.