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Broadstone Net Lease Announces New Development Projects

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Broadstone Net Lease Announces New Development Projects

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An update from Broadstone Net Lease ( (BNL) ) is now available.

On July 24, 2025, Broadstone Net Lease announced the addition of three new build-to-suit development projects with a total investment of approximately $61.4 million. These projects, expected to be completed in the third quarter of 2026, include a new industrial distribution warehouse in Dallas for Palmer Distribution Services, a state-of-the-art facility in California for AGCO Corporation, and a new grocery store in Dallas for Sprouts Farmers Market. This expansion highlights Broadstone’s strategic growth in its build-to-suit strategy and strengthens its network of developer relationships.

The most recent analyst rating on (BNL) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Broadstone Net Lease stock, see the BNL Stock Forecast page.

Spark’s Take on BNL Stock

According to Spark, TipRanks’ AI Analyst, BNL is a Neutral.

Broadstone Net Lease’s overall stock score reflects a combination of strong financial stability and strategic growth initiatives, tempered by profitability challenges and valuation concerns. The robust build-to-suit pipeline and high dividend yield support a positive outlook, but macroeconomic and tenant risks must be monitored.

To see Spark’s full report on BNL stock, click here.

More about Broadstone Net Lease

Broadstone Net Lease, Inc. operates in the real estate industry, focusing on acquiring and managing a diversified portfolio of commercial properties. The company specializes in net lease agreements, primarily targeting retail, industrial, and office properties across the United States.

Average Trading Volume: 1,637,143

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3B

Find detailed analytics on BNL stock on TipRanks’ Stock Analysis page.

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