News

Broadstone Net Lease, Inc. Acquires $735.7 million Industrial Portfolio

Transaction is Broadstone Net Lease’s Largest-ever Portfolio Acquisition

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” “we,” “our,” or ”us”) has announced the acquisition of a portfolio of 23 industrial and office/flex assets that are fully leased and include 6.9 million rentable square feet of operational space for an aggregate purchase price of approximately $735.7 million, excluding capitalized acquisition expenses. The portfolio has a weighted average remaining lease term of approximately 11.5 years and weighted average annual rent increases of approximately 2.2%. Continue reading

News

Broadstone Net Lease, Inc. Reports 2019 Second Quarter Performance

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), today filed with the Securities and Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2019 (the “Q2 2019 10-Q”), which is available free of charge on the SEC’s public website and on our website at: http://investors.bnl.broadstone.com.

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Blog

Meet the Broadstone Team at ICSC RECon 2019

The world’s largest gathering of retail real estate professionals, ICSC RECon 2019, will be held at the Las Vegas Convention Center from Sunday May 19, 2019, through Wednesday, May 22, 2019. Over 36,000 attendees and 1,000 exhibitors from over 50 countries are projected to attend the event. The global convention provides networking, deal making and educational opportunities for retail and real estate professionals from around the world. Continue reading

News

Broadstone Net Lease, Inc. Reports 2019 First Quarter Performance

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), today filed with the Securities and Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for the three months ended March 31, 2019 (the “Q1 2019 10-Q”), which is available free of charge on the SEC’s public website and on our website at: http://investors.bnl.broadstone.com.

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News

Broadstone Net Lease, Inc. Reports 2018 Fourth-Quarter and Full-Year Performance

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), today filed with the Securities and Exchange Commission (“SEC”) its Annual Report on Form 10-K for the year ended December 31, 2018 (the “2018 Form 10-K”), which is available free of charge on the SEC’s public website and on our website at: http://investors.bnl.broadstone.com.

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News

Broadstone Net Lease, Inc. Announces Debt Capital Markets Transactions

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,”” we,” or ”us”), a privately offered real estate investment trust (“REIT”), together with Broadstone Net Lease, LLC (the Operating Company) as borrower, today announced that it has completed the following two debt capital markets activities: (i) expanded its unsecured revolving credit facility from $425 million to $600 million for a total maximum borrowing capacity of approximately $1.1 billion, including the facility’s accordion feature; and, (ii) entered into a $450 million unsecured term loan with a seven-year maturity. Continue reading

News

Broadstone Net Lease, Inc. Announces Changes to Determined Share Value and Monthly Distribution Rate

ROCHESTER, N.Y. — Broadstone Net Lease, Inc. (“BNL”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC, announced that on February 8, 2019, its Board of Directors and Independent Directors Committee (the “IDC”) approved the following items with regard to investments in BNL’s common shares and membership units in Broadstone Net Lease, LLC (the “Operating Company”). Continue reading

News

Broadstone Net Lease, Inc. Announces Continued Portfolio Growth in 2018

BNL 2018 Year in Review

ROCHESTER, N.Y. — Broadstone Net Lease, Inc. (“BNL”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), continued to expand its nationwide portfolio of freestanding, single-tenant, net leased commercial properties during 2018. Today, BNL announced strong full-year portfolio activity, including the acquisition of 113 properties via 26 distinct transactions for approximately $606.8 million. Continue reading