Broadstone Net Lease enters joint venture for $303 million Colorado build-to-suit project

Broadstone Net Lease, Inc.

Broadstone Net Lease, Inc.

BNL

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  • Broadstone Net Lease entered a joint venture with an existing development partner to build a 112,000-square-foot advanced technology facility in Colorado.
  • Estimated total investment is USD 303 million; year-one cash yield about 8.5%, rising to about 9.7% in year two; straight-line yield about 11.6%.
  • Project will be leased on a 15-year triple-net basis to a Fortune 20 investment-grade tenant; annual rent escalators of 3%.
  • Rent commencement targeted for March 2027; the tenant is expected to become the company’s largest tenant once rent starts.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Broadstone Net Lease Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260708751543) on July 08, 2026, and is solely responsible for the information contained therein.

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