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Broadstone Net Lease, Inc. Reports 2018 Second Quarter Operating Results

ROCHESTER, N.Y. – Broadstone Net Lease, Inc. (“BNL,” ”we,” or ”us”), a privately offered real estate investment trust (“REIT”) managed by Broadstone Real Estate, LLC (“Broadstone”), today filed with the Securities and Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2018 (the “Q2 2018 10-Q”), which is available free of charge on the SEC’s public website and on our website at:  http://investors.bnl.broadstone.com.

We are pleased to report another quarter of strong performance for BNL,” said Chris Czarnecki, BNL’s Chief Executive Officer. “During the second quarter, the REIT acquired 14 properties for more than $154 million, which further diversified and strengthened the quality of our tenant base. With a robust and attractive pipeline of potential acquisition targets and deals in progress, on July 18, 2018, we increased BNL’s monthly equity cap from $15 million to $20 million. With continued strong investor interest and the successful completion of BNL’s second debt private placement offering that we announced earlier this quarter, we feel that BNL has exceptional access to capital and remains on track to meet its growth and performance objectives for the year.”

Click here to download a full PDF of the second quarter 2018 BNL earnings release.