Broadstone Net Lease
General Information | |
Business: |
We are an internally managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We utilize an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. Since our inception in 2007, we have selectively invested in net leased real estate across the industrial, healthcare, restaurant, office, and retail property types, and as of June 30, 2020, our portfolio has grown to 632 properties in 41 U.S. states and one property in Canada, with an aggregate gross asset value of approximately $4.0 billion. |
Industry: | REAL ESTATE INVESTMENT TRUSTS |
Employees: | 73 |
Founded: | 2007 |
Contact Information | |
Address | 800 Clinton Square Rochester, New York 14604, US |
Phone Number | (585) 287-6500 |
Web Address | http://investors.bnl.broadstone.com |
View Prospectus: | Broadstone Net Lease |
Financial Information | |
Market Cap | $2562.5mil |
Revenues | $319.9 mil (last 12 months) |
Net Income | $75.5 mil (last 12 months) |
IPO Profile | |
Symbol | BNL |
Exchange | NYSE |
Shares (millions): | 33.5 |
Price range | $17.00 - $17.00 |
Est. $ Volume | $569.5 mil |
Manager / Joint Managers | J.P. Morgan/ Goldman Sachs/ BMO Capital Markets/ Morgan Stanley/ Capital One Securities/ Truist Securities |
CO-Managers | Regions Securities/ BTIG/ KeyBanc Capital Markets / Ramirez & Co. |
Expected To Trade: | 9/17/2020 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |