Broadstone Net Lease Inc. Announces $191.6 Million in New Property Acquisitions, Expanding Industrial and Retail Portfolios

Reuters
06-02
Broadstone Net Lease Inc. Announces $191.6 Million in New Property Acquisitions, Expanding Industrial and Retail Portfolios

Broadstone Net Lease Inc. $(BNL)$, based in Victor, N.Y., has announced significant progress in its real estate activities for the year 2025. As of June 2, the company has invested a total of $171.7 million in new property acquisitions and developments. This includes $113.7 million allocated to new property acquisitions and $55.1 million dedicated to build-to-suit developments. Notably, $152.5 million of these investments have been focused on industrial properties, with the remaining $19.2 million directed towards retail properties. The company also reported successful sales of two healthcare assets, generating $5.5 million in gross proceeds and reducing its healthcare property portfolio. Furthermore, Broadstone Net Lease has secured $191.6 million in new property acquisitions under its control, comprising $170.2 million in industrial properties and $21.4 million in retail properties. The company continues to demonstrate robust financial management, having collected 99.1% of base rents due year-to-date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Broadstone Net Lease Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250602195679) on June 02, 2025, and is solely responsible for the information contained therein.

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