Broadstone Net Lease Issues 2023 Sustainability Report
April 29, 2024 at 10:51 am EDT
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VICTOR, N.Y. - 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.
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust (REIT). The Company invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company leases industrial, healthcare, restaurant, retail, and commercial office properties under long-term lease agreements. It is focused on investing in real estate that is operated by single tenants in industries. It owns a portfolio of approximately 796 individual commercial properties with 789 properties located in 44 U.S. states and seven properties located in four Canadian provinces. Its portfolio comprises approximately 38.3 million rentable square feet of operational space and is diversified based on property type, geography, tenant, and industry. Its properties are occupied by over 220 different commercial tenants who operate 208 different brands that are diversified across 53 differing industries.