Broadstone Net Lease, Inc.

Broadstone Net Lease, Inc. announced the schedule for its second quarter 2026 financial and operating results release and conference call. The company plans to release its results after market close on Wednesday, July 29, 2026. An earnings conference call and audio webcast will follow on Thursday, July 30, 2026, at 11:00 a.m. Eastern Time, with details provided for webcast and phone access.

Broadstone Net Lease announced the addition of a new build-to-suit development for Tesla, Inc. in Las Vegas, Nevada. The project has an estimated total investment of $39.8 million and is expected to commence rent in the fourth quarter of 2027. This development expands the company's committed pipeline and features a 15-year lease term with 3.0% annual rent escalations, alongside a 6.7% cash capitalization rate.

Broadstone Net Lease, Inc. held its 2026 Annual Meeting of Stockholders on April 30, 2026. Shareholders elected nine directors to the Board of Directors to serve until the 2027 annual meeting. Additionally, stockholders approved, on a non-binding advisory basis, the compensation of the company's named executive officers and ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.

Broadstone Net Lease, Inc. reported strong financial results for Q1 2026, with revenue increasing 11.7% year-over-year to $121.4 million and net income soaring 165.2% to $46.4 million. Diluted net earnings per common share rose significantly to $0.24, while FFO and AFFO per diluted share also saw healthy increases. The company also reported positive same store rental revenue growth and substantial investment activity during the quarter.