Broadstone Net Lease adds two build-to-suit developments for $62.1M

Broadstone Net Lease, Inc.

Amazon.com warehouse in Sarasota, FL ($49.7M) and Academy Sports in Magnolia, TX ($12.4M) added.
Total in-process and stabilized pipeline reaches $667.8M total investment with $466.9M cumulative invested.
Weighted average lease term 13.9 years, annual rent escalation 2.6%, estimated cash cap rate 7.4%.
Projects sourced through existing developer and direct tenant relationships; CEO cites strong demand.

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.