Bob Evans Farms completes $51.6M sale-leaseback transaction
Bob Evans Farms, Inc., New Albany, Ohio, completed a sale-leaseback transaction of its BEF Foods industrial properties located in Lima, Ohio, and Sulphur Springs, Texas.
BEF Foods, Inc., a wholly-owned subsidiary of Bob Evans Farms, Inc., and Broadstone Net Lease, Inc., a private real estate investment trust managed by Broadstone Real Estate, LLC., entered into an agreement pursuant to which BEF Foods sold its industrial properties located in Lima, Ohio, and Sulphur Springs, Texas, to BNL for $51.6 million.