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Stock impact report

Broadstone Net Lease Announces Updates to its Build-To-Suit Development Funding Commitments and Participation at Nareit’s REITworld 2024 Annual Conference

Broadstone Net Lease, Inc. (BNL) 
US:NYSE Investor Relations: bunzl.com/investors.aspx
Company Research Source: Business Wire
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease, Inc. (NYSE: BNL) (“Broadstone,” “BNL,” the “Company,” “we,” “our,” or “us”), today announced it has updated its pipeline of build-to-suit development commitments. Additionally, the Company announced that BNL’s CEO, John Moragne, CFO, Kevin Fennell, and Director of Corporate Finance and Investor Relations, Brent Maedl, will be participating in the Nariet REITworld 2024 Annual Conference in Las Vegas, NV, on November 19 and November 20, 2024.DEVELOPMENT FUNDING COMMITMENTSAs of the date of this release, we have a total of $246.5 million in estimated build-to-suit development commitments to be funded through the second quarter of 2026. Since our October 30, 2024, release, in which we previously announced a total of $418.8 million remaining estimated build-to-suit development commitments, we were notified that a prospective tenant for a large build-to-suit transaction in our pipeline shifted its strategy in connection with an unanti Show less Read more
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