REBusinessOnline

BROADSTONE REAL ESTATE ACQUIRES MEDICAL OFFICE BUILDING

HOUSTON — Broadstone Real Estate has acquired a medical office building located in Houston in a sale-leaseback transaction. The seller is EyeCare Laser Center; the terms of the lease include a 15-year term with annual rent escalations. The property traded for $2 million. Broadstone made the purchase on behalf of Broadstone Net Lease, a private REIT formed by the company in 2007.

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