secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001424182-25-000041
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000142418225000041/0001424182-25-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000142418225000041/bnl-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001424182-25-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer