secwatch.observer — SEC 8-K summary
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Issuer:     Broadstone Net Lease, Inc. (BNL)
CIK:        0001424182
Form:       8-K
Filed at:   2026-07-08T10:38:29+00:00
Accession:  0001424182-26-000054
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424182/000142418226000054/0001424182-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424182/000142418226000054/bnl-20260708.htm
  HTML page:      https://secwatch.observer/filing/0001424182-26-000054

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