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Update: Broadstone Net Lease Launches IPO

Rochester, New York-Based Investment Firm Looks to Raise Up to $655 Million
Red Lobster is Broadstone Net Lease’s largest tenant. (CoStar)
Red Lobster is Broadstone Net Lease’s largest tenant. (CoStar)
CoStar News
September 10, 2020 | 1:34 AM

A Rochester, New York investment firm that owns and manages hundreds of restaurant, retail, office and other single-tenant properties in the U.S. and Canada has kicked off an initial public offering — becoming only the second real estate investment trust to go public so far this year.

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