BNET Business Dictionary
Business Definition for: Net Lease
- a lease that requires the lessee to pay for things that the owner usually pays for.
- See also Gross Lease
Additional Resources
- Angelo, Gordon & Co.'s Net Lease Group Acquires 50 Percent Interest in Solo Cup Portfolio for $65 Million
- NEW YORK -- Angelo, Gordon & Co.'s ("Angelo Gordon") dedicated Net Lease Group ("AG Net Lease") announced today the acquisition of a 50% interest in a portfolio of manufacturing facilities net leased to Solo Cup Company ("Solo Cup"), a leading provider of disposable foodservice products. The portfolio includes Solo Cup...
- Research articles 2007-09-24
- Getty Realty Corp. Enters into Net Lease with Fas Mart for 36 Properties
- JERICHO, N.Y. -- Getty Realty Corp., (NYSE: GTY) announced today that it has entered into an agreement with GPM Investments, LLC to triple net lease to them all 36 former DB Mart convenience store and retail service station properties in Connecticut and Rhode Island that Getty will be acquiring this...
- Research articles 2004-11-01
- Fitch Affirms Commercial Net Lease Realty; Revises Outlook to Positive
- NEW YORK -- Fitch Ratings affirms the following ratings for Commercial Net Lease Realty, Inc. and Commercial Net Lease Realty, L.P. collectively NNN. --Senior unsecured 'BBB-'; --Preferred stock 'BB+'. Fitch has also rated NNN's $150 million offering of 6.15% 10 year senior unsecured notes 'BBB-', while revising...
- Research articles 2005-11-16
- Angelo, Gordon & Co.'s Net Lease Group Completes $14 Million Sale-Leaseback with Stampede Meat
- NEW YORK -- Angelo, Gordon & Co.'s ("Angelo Gordon") dedicated Net Lease Group ("AG Net Lease") announced today that it acquired the headquarters and principal processing and distribution facility of Stampede Meat, Inc. ("Stampede"), located in Bridgeview, IL Chicago, for $14 million. The sale-leaseback was a critical component to and...
- Research articles 2009-02-02
- Angelo, Gordon & Co.'s Net Lease Group Completes $6.6 Million Sale-Leaseback with Imaging Business Machines, LLC
- NEW YORK -- Angelo, Gordon & Co.'s ("Angelo Gordon") dedicated Net Lease Group ("AG Net Lease") announced today that it acquired Imaging Business Machines, LLC's ("IBML") headquarters and principal operating facility in Birmingham, AL. Proceeds of the sale-leaseback transaction were used primarily to pay down senior indebtedness. IBML is a...
- Research articles 2008-03-31
- Angelo, Gordon & Co.'s Net Lease Group Completes Sale-Leaseback Transaction with Carousel Capital Portfolio Company Visador Holding Corporation
- NEW YORK -- Angelo, Gordon & Co.'s ("Angelo Gordon") dedicated Net Lease Group ("AG Net Lease") announced today that it has acquired the headquarters and manufacturing facilities of Coffman Stairs, LLC ("Coffman"), a wholly-owned subsidiary of Visador Holding Corporation ("Visador"), through a sale-leaseback transaction. Visador is a portfolio company of...
- Research articles 2007-05-08
- Boulder Net Lease Funds Announces Acquisition of Net Leased Northrop Grumman Property
- NORTHBROOK, Ill. -- Boulder Net Lease Funds, LLC, a leading national investor in net leased properties, announced today that it acquired a single tenant office building in Clearfield, Utah net leased to Northrop Grumman. The purchase price for the deal was just north of $22.9 million.
- Research articles 2006-01-04
- Boulder Net Lease Funds Announces Acquisition of Net Leased Sun Microsystems Property
- NORTHBROOK, Ill. -- Boulder Net Lease Funds, LLC, a leading national investor in net leased properties, announced today that it acquired a single tenant office building in Nashua, NH net leased to Sun Microsystems. The purchase price for the deal was $6.7 million.
- Research articles 2006-01-18
- Boulder Net Lease Funds Announces Acquisition of Sprint Facility
- NORTHBROOK, Ill. -- Boulder Net Lease Funds, LLC, a leading national investor in net leased properties, announced today that it acquired a single tenant net leased building in Lenexa, Kansas leased to Sprint. The purchase price for the deal was just north of $6.2 million.
- Research articles 2005-09-27
- Sunny D sells plants.(INDUSTRY Issues)(Gordon & Co.'s Net Lease Group)(Brief article)
- Sunny Delight Beverages Co. has sold three of its bottling facilities to Angelo, Gordon & Co.'s Net Lease Group. The plants are located in Anaheim, Calif., Dayton, N.J., and Atlanta, and will operate on a lease-back basis. According to Bill Schumacher, Chief Financial Officer for Sunny...
- Research articles 2007-06-01
- Commercial Net Lease REALTY,INC:2002 Annual Report
- Commercial Net Lease REALTY,INC presents an annual report for the year 2002 . The company acquires, owns, manages and indirectly develops net-leased, single-tenant properties in the 7,500 – 100,000 square foot range nationwide. The 2002 dividend of $1.27 per share marks our thirteenth consecutive year of increased dividends paid...
- White papers 2002-01-01
- Net Lease Of Business Premises
- This template is for net lease of business premises.
- Tools & templates
- Fitch Rates Commercial Net Lease Realty, Inc.'s Offering 'BBB-'
- NEW YORK -- Fitch Ratings has assigned a 'BBB-' rating to the recent offering of $150 million 6.25% senior unsecured notes due 2014 issued by Commercial Net Lease Realty, Inc. NNN, who intends to use the proceeds from the offering to repay $100 million of maturing notes and to pay...
- Research articles 2004-06-16
- Multex.com News - New Buys and Initiations, Key Tronic Corp. -OTC: KTCC- , Captec Net Lease Realty Inc. -CRRR-
- NEW YORK--BUSINESS WIRE--Feb. 2, 1999--D.A. Davidson & Co. analyst rates Key Tronic a BUY, due to confidence in the company's "upside potential with little downside exposure." For full article, please go to the Multex Investor Network. (http://www.multexinvestor.com/magazine.asp?ref=newbuys19990127.html) Companies mentioned: Key Tronic Corp. (OTC: KTCC) http://multexinvestor.com/Content/TickerSearch.asp?Ticker=ktcc Captec Net...
- Research articles 1999-02-02
- Fitch Dwngrs & Places on Rtg Watch Neg Beckman Coulter Net Lease P-T Certs, Series BC 2000-A
- Business Editors CHICAGO--BUSINESS WIRE--April 30, 2004 Fitch Ratings downgrades and places on Rating Watch Negative Beckman Coulter, Inc., 7.4975% net lease pass-through certificates, $109.7 million series BC 2000-A to 'BB-' from 'BBB'. The rating of this transaction depends upon the ratings of Beckman Coulter's senior debt obligations...
- Research articles 2004-04-30
- Spirit Finance Corporation Closes Private Placement of $441.3 Million in Net-Lease Mortgage Notes; Transaction Includes New Features, Enhances Company's Flexibility
- SCOTTSDALE, Ariz. -- Spirit Finance Corporation (NYSE: SFC), a real estate investment trust REIT focused on single-tenant, operationally essential real estate, announced the issuance of $441.3 million aggregate principal amount of Net-Lease Mortgage Notes rated AAA/Aaa by Standard & Poor's Ratings Services and Moody's Investors Service, Inc., respectively. The private...
- Research articles 2005-08-01
- Spirit Finance Corporation Completes Private Placement of $301.8 Million in Net-Lease Mortgage Notes; Second in Series of Notes under the Company's Master Funding Program
- SCOTTSDALE, Ariz. -- Spirit Finance Corporation (NYSE: SFC), a real estate investment trust REIT focused on single tenant, operationally essential real estate, announced the private placement on March 17, 2006 of $301.8 million aggregate principal amount of Net-Lease Mortgage Notes, Series 2006-1, the second issuance under the Company's master funding...
- Research articles 2006-03-20
- Port Authority signs N.J. lease
- Only weeks after privatizing the World Trade Center, the Port Authority of New York and New Jersey is at it again, this time net leasing a major Newark office building. The long-term lease gives Matrix Development Group the net lease on the Newark Legal Center building for an initial...
- Research articles 2001-08-29
- Capital Lease Funding Acquires Approximately $98 Million of Net Lease Properties in Two Sale Leaseback Transactions
- NEW YORK -- Capital Lease Funding, Inc. (NYSE: LSE) announced today the acquisition and related financing of approximately $98 million of net leased real estate properties in two separate sale/leaseback transactions, including the acquisition of three properties net leased to Allstate Insurance Company (currently rated AA/Aa2 by S&P/Moody's) for an...
- Research articles 2005-12-22
- Capital Lease Funding to Present at the Wachovia Securities 9th Annual Real Estate Securities Conference
- NEW YORK -- Capital Lease Funding, Inc. (NYSE: LSE), a net lease REIT, today announced that Mr. Paul McDowell, Chief Executive Officer, will present at the Wachovia Securities 9th Annual Real Estate Securities Conference at The New York Palace Hotel on December 7, 2005 at 10:00 a.m. Eastern time. Investors...
- Research articles 2005-12-02
