Broadstone Acquires 210,497 SF Distribution Center in Lordstown, Ohio

by Kristin Harlow

LORDSTOWN, OHIO — Broadstone Net Lease Inc. has acquired a 210,497-square-foot distribution center in Lordstown, about 60 miles southeast of Cleveland. The purchase price was not disclosed. The property is fully occupied by The Anderson-DuBose Company, which distributes frozen, refrigerated and dry foods as well as paper goods to restaurants throughout Ohio, Pennsylvania, New York and West Virginia. Constructed in 2012 as a build-to-suit for the company, the property was expanded in 2017. Jeffrey Shell, Amie Sweeney, Michael Hines, Brian Fiumara, Brad Ruppel and Lauren Dawicki of CBRE represented the seller, a REIT managed by U.S. Realty Advisors LLC. Steve Roth of CBRE secured financing on behalf of Broadstone.

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