Broadstone Net Lease Issues 2023 Sustainability Report

Rhea-AI Summary

Broadstone Net Lease, Inc. (NYSE: BNL) has released its 2023 Sustainability Report, showcasing its commitment to sustainable practices and long-term value creation for shareholders. The report highlights the company's progress in driving growth and consistent performance through responsible initiatives.

VICTOR, N.Y.--(BUSINESS WIRE)-- Broadstone Net Lease, Inc. (NYSE: BNL) (“BNL” or the “Company”) today announced the release of its 2023 Sustainability Report.

“On behalf of Broadstone Net Lease, I am pleased to present our second annual Sustainability Report,” said John Moragne, Chief Executive Officer. “As a publicly traded net lease REIT, our core job is to drive growth, consistent performance, and predictable returns for our investors through multiple real estate cycles. As our sustainability strategy evolves and matures, we remain committed to doing well by doing good and creating long-term value for our shareholders through responsible and sustainable practices and initiatives. I am excited to share our progress to date and eagerly anticipate providing further updates in the coming years.”

The report is available on the Company’s website at https://broadstone.com/corporate-responsibility/.

About Broadstone Net Lease, Inc.

BNL is an industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of March 31, 2024, BNL’s diversified portfolio consisted of 759 individual net leased commercial properties with 752 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, restaurant, healthcare, retail, and office property types.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240426547398/en/

Company Contact:

Brent Maedl

Director, Corporate Finance & Investor Relations

brent.maedl@broadstone.com

585.382.8507

Source: Broadstone Net Lease, Inc.

FAQ

What did Broadstone Net Lease announce in the press release?

Broadstone Net Lease announced the release of its 2023 Sustainability Report.

Who is the Chief Executive Officer of Broadstone Net Lease?

John Moragne is the Chief Executive Officer of Broadstone Net Lease.

Where can the Sustainability Report be found?

The Sustainability Report can be found on the Company's website at https://broadstone.com/corporate-responsibility/.

What type of properties does BNL invest in?

BNL invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants.

How many individual net leased commercial properties does BNL have in its portfolio?

As of March 31, 2024, BNL's portfolio consisted of 759 individual net leased commercial properties.

In how many U.S. states are BNL's properties located?

BNL's properties are located in 44 U.S. states.

Who is the Director of Corporate Finance & Investor Relations at Broadstone Net Lease?

Brent Maedl is the Director of Corporate Finance & Investor Relations at Broadstone Net Lease.