HARRISBURG AND HARLEYSVILLE, PA—Broadstone Net Lease has acquired two properties tenanted by Nationwide Mutual Insurance Co. via a sale leaseback transaction for a combined purchase price of $54.6 million.
Steve Marzullo, Justin Marlowe and Adam Silverman of CBRE's Greater Philadelphia Capital Markets Team, Doug Jackson of CBRE's Global Workplace Solutions Group in Columbus, OH, and Jeremy Shyk and Michael Curran of CBRE's Harrisburg Office Brokerage Group, represented Nationwide. Tones Vaisey represented BNL.
“The sale leaseback opportunity garnered significant interest from investors nationwide. Broadstone demonstrated a high level of professionalism, executed timely due diligence and delivered seamlessly through to closing,” says Steve Marzullo, senior vice president of CBRE. “Our team continues to experience a healthy demand for single tenant office and industrial offerings and corporations looking to monetize assets in this aggressive capital markets environment.”
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