---
schema_version: "secwatch.filing_event.v1"
accession: "0001424182-26-000054"
form_type: "8-K"
ticker: "BNL"
cik: "0001424182"
company_name: "Broadstone Net Lease, Inc."
filed_at: "2026-07-08T10:38:29+00:00"
generated_at: "2026-07-08T10:40:05.139666+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Broadstone Net Lease announces $303M build-to-suit development for Fortune 20 tenant

## Summary
- Estimated total investment of $303M in joint venture to develop 112,000 sq ft advanced technology facility in Colorado.
- Year-one cash yield of 8.5%, year-two cash yield of 9.7%, straight-line yield of 11.6%.
- Triple-net lease with 15-year initial term, two 5-year options, and 3% annual rent increases.
- Tenant is a Fortune 20 investment-grade company; will become BNL's largest tenant upon rent commencement.
- Transaction expected to be meaningfully accretive to 2027 and 2028 earnings.

## SEC filing metadata
- accession: 0001424182-26-000054
- form_type: 8-K
- ticker: BNL
- cik: 0001424182
- company_name: Broadstone Net Lease, Inc.
- filed_at: 2026-07-08T10:38:29+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424182/000142418226000054/0001424182-26-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424182/000142418226000054/bnl-20260708.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424182-26-000054
- JSON: https://secwatch.observer/filing/0001424182-26-000054.json
- Plain text: https://secwatch.observer/filing/0001424182-26-000054.txt

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