0001126328-22-000033.txt : 20220215
0001126328-22-000033.hdr.sgml : 20220215
20220214212004
ACCESSION NUMBER: 0001126328-22-000033
CONFORMED SUBMISSION TYPE: SC 13G/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20220215
DATE AS OF CHANGE: 20220214
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Broadstone Net Lease, Inc.
CENTRAL INDEX KEY: 0001424182
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 261516177
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-91707
FILM NUMBER: 22636727
BUSINESS ADDRESS:
STREET 1: 800 CLINTON SQUARE
CITY: Rochester
STATE: NY
ZIP: 14604
BUSINESS PHONE: 585-287-6500
MAIL ADDRESS:
STREET 1: 800 CLINTON SQUARE
CITY: Rochester
STATE: NY
ZIP: 14604
FORMER COMPANY:
FORMER CONFORMED NAME: Broadstone Net Lease Inc
DATE OF NAME CHANGE: 20080116
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: PRINCIPAL REAL ESTATE INVESTORS LLC
CENTRAL INDEX KEY: 0001218333
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: SC 13G/A
BUSINESS ADDRESS:
STREET 1: 711 HIGH STREET
CITY: DES MOINES
STATE: IA
ZIP: 50392-0300
BUSINESS PHONE: 5152475111
MAIL ADDRESS:
STREET 1: 711 HIGH STREET
CITY: DES MOINES
STATE: IA
ZIP: 50392-0300
SC 13G/A
1
US13GA_11135E203_31-12-2021.txt
240.13d-102 Schedule 13G - Information to be included in statements filed
pursuant to 240.13d-1(b), (c), and (d) and amendments thereto
filed pursuant to 240.13d-2.
Securities and Exchange Commission, Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
(Name of Issuer)
BROADSTONE NET LEASE, INC.
(Title of Class of Securities)
Class A Common Stock, $0.00025 par value
(CUSIP Number)
11135E203
(Date of Event Which Requires Filing of this Statement)
December 31,2021
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP No. 11135E203
(1) Names of reporting persons Principal Real Estate Investors, LLC
(2) Check the appropriate box if a member of a group
(a)
(see instructions)
(b)
(3) SEC use only
(4) Citizenship or place of organization Delaware
Number of shares beneficially owned by each reporting person with:
(5) Sole voting power 0
(6) Shared voting power 11368824 (see Item 4)
(7) Sole dispositive power 0
(8) Shared dispositive power 11368824 (see Item 4)
(9) Aggregate amount beneficially owned by each reporting person
11368824 (see Item 4)
(10) Check if the aggregate amount in Row (9) excludes certain shares
(see instructions)
(11) Percent of class represented by amount in Row (9) 7.05 (see Item 4)
(12) Type of reporting person (see instructions) IA
Item 1(a) Name of issuer:
BROADSTONE NET LEASE, INC.
Item 1(b) Address of issuer's principal executive offices:
800 Clinton Square, Rochester, New York 14604
2(a) Name of person filing:
This statement is filed by: (i) Principal Real Estate Investors, LLC.
Principal Real Estate Investors, LLC have entered into a Joint Filing
Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1,
Pursuant to which they have agreed to file this Schedule 13G jointly in
Accordance with the provisions of Rule 13d-1(k) of the Act.
2(b) Address or principal business office or, if none, residence:
The address of the principal business office of
Principal Real Estate Investors, LLC
801 Grand Avenue
Des Moines, IA 50392.
2(c) Citizenship:
Principal Real Estate Investors, LLC - State of Delaware
2(d) Title of class of securities:
Class A Common Stock, $0.00025 par value
2(e) CUSIP Number:
11135E203
Item 3.
(e) [X] An investment adviser in accordance with section 240.13d
1(b)(1)(ii)(E)
Item 4. Ownership
As of the close of business on December 31, 2019:
1. Principal Real Estate Investors, LLC
(a) Amount beneficially owned: 11368824
(b) Percent of class: 7.05
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 11368824
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 11368824
Item 5.Ownership of 5 Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than
5 percent of the class of securities, check the following [].
Instruction. Dissolution of a group requires a response to this item.
Item 6. Ownership of More than 5 Percent on Behalf of Another Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reporting on by the Parent Holding Company or Control
Person.
Not applicable
Item 8. Identification and Classification of Members of the Group
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certifications
By signing below, I certify that, to the best of his/her knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Signature. After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Dated: February 14, 2022
Principal Real Estate Investors, LLC
By: /s/ Jill Hittner
Jill Hittner, Chief Financial Officer
Name: Jill Hittner
Jill Hittner, Chief Financial Officer
Title: Authorized Person
Exhibit 99.1
JOINT FILING AGREEMENT
The undersigned hereby agree that the foregoing statement on Schedule 13G is
filed on behalf of each of the undersigned in accordance with the provisions
of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and
that all subsequent amendments to this statement on Schedule 13G may be filed
on behalf of each of the undersigned without the necessity of filing
additional joint filing agreements.
Dated: February 14, 2022
Principal Real Estate Investors, LLC
By: /s/ Jill Hittner
Jill Hittner, Chief Financial Officer
Name: Jill Hittner
Jill Hittner, Chief Financial Officer
Title: Authorized Person