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Create free account to monitor BNLBroadstone Net Lease, Inc. (BNL) invests in freestanding, single-tenant, net leased commercial properties located throughout the United States, primarily via sale and leaseback, lease assumption, and UPREIT transactions. UPREIT transactions (where 'UPREIT' means 'umbrella partnership real estate investment trust') provide a tax deferred exit strategy for owners of real estate who might otherwise recognize a significant taxable gain in a cash sale of a highly appreciated property with a low tax cost basis.