---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-058222"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T05:46:59.797147+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease adds $78.2M build-to-suit with Prologis; FCA US warehouse in pipeline

## Summary
- New $78.2M development partnership with Prologis (NYSE: PLD) for a build-to-suit industrial project.
- FCA US (Stellantis) distribution warehouse in Forsyth, GA expected to deliver Q3 2026; 422k sq ft.
- Total in-process committed pipeline of $311 million across 6 developments with 7.4% cash cap rate.
- Cumulative investment on all projects $251M; remaining funding needed $255.8M as of April 24, 2025.
- Stabilized UNFI facility in Sarasota, FL completed earlier; weighted-average straight-line yield 8.8%.

## SEC filing metadata
- accession: 0000950170-25-058222
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000095017025058222/0000950170-25-058222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000095017025058222/bnl-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-058222
- JSON: https://secwatch.observer/filing/0000950170-25-058222.json
- Plain text: https://secwatch.observer/filing/0000950170-25-058222.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.