Broadstone Net Lease, Inc. Announces Public Offering of Common Stock

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (NYSE: BNL), (“BNL”), today announced that it is commencing an underwritten public offering of 13,000,000 shares of Common Stock, par value $0.00025 per share, in connection with the forward sale agreements described below. BNL expects to grant the underwriters a 30-day option to purchase up to 1,950,000 additional shares of Common Stock.

Goldman Sachs & Co. LLC, BMO Capital Markets, J.P. Morgan, and Truist Securities are acting as joint book-running managers of the offering.

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