Broadstone Net Lease completes first MRO facility, adds $21M to build-to-suit pipeline

Broadstone Net Lease, Inc.

First MRO facility at Dayton airport for Sierra Nevada Corp reached substantial completion; rent commenced Nov 1, 2025.
Second MRO facility expected substantial completion in Q1 2026.
Secured land and started construction on two new off-market developments for Hobby Lobby and Academy Sports.
Combined estimated total investment for in-process projects is $332.8M; remaining $221.6M to fund.
Stabilized development investments total $596M with a weighted average cash cap rate of 7.3%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.