Broadstone Net Lease, Inc. Approves the Appointment of Shekar Narasimhan as Director
May 09, 2018 at 06:23 pm
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Broadstone Net Lease, Inc. at its 2018 annual meeting of stockholders held on May 8, 2018, the shareholders approved to appoint Shekar Narasimhan as director of the company to serve until the next annual meeting of stockholders and until their successors have been elected and qualified.
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust (REIT). The Company invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company leases industrial, healthcare, restaurant, retail, and commercial office properties under long-term lease agreements. It is focused on investing in real estate that is operated by single tenants in industries. It owns a portfolio of approximately 796 individual commercial properties with 789 properties located in 44 U.S. states and seven properties located in four Canadian provinces. Its portfolio comprises approximately 38.3 million rentable square feet of operational space and is diversified based on property type, geography, tenant, and industry. Its properties are occupied by over 220 different commercial tenants who operate 208 different brands that are diversified across 53 differing industries.