Broadstone REIT Acquires Hess Wine Facility For $27.8 Million

Published: 05/15/2012

ROCHESTER, N.Y. (PRNewswire) — A New York-based real estate investment trust recently acquired    the production, warehouse and distribution facility of The Hess Collection Winery in Napa County.

Broadstone Net Lease Inc. acquired the 284,000-square-foot facility for $27.8 million. The property is net leased to Hess for an initial 20 year term.