Broadstone Real Estate Announces Promotions And New Hire

ROCHESTER, N.Y., May 2, 2012 /PRNewswire/ -- Broadstone Real Estate, LLC (BRE) today announced a number of promotions and a new hire.

At its annual meeting for Broadstone Net Lease, the company announced that Amy Tait has added the role of Chairman to her current position as Chief Executive Officer. Norman Leenhouts, the previous Chairman, is taking on the newly created role of Chief Investment Officer for the firm. The company also announced that Tom Rogers was promoted to President of BRE; Tom joined Broadstone in early 2011 as Chief Operating Officer, a position that he will continue to hold.  Robert Tait, the previous President, has assumed the role of Senior Vice President and will continue to manage the firm's Clinton Square office property.

"Amy has done a terrific job growing a team and organization that will continue to build on all of our success to date," remarked Norman Leenhouts. "After 30 years of working together, this seemed to be a good time to communicate and implement the succession plan for the future leadership of Broadstone Real Estate and Broadstone Net Lease.  I am very pleased that she is becoming Chairman of our companies and I know she will continue to do great things. At the same time, I am very excited about the opportunity to focus more of my efforts on property acquisitions and continue as a Director of Broadstone Net Lease."

"Tom's role and importance to the organization has been growing substantially since he joined us in early 2011," said Amy Tait.  "He is an important leader in our company and the community. He will continue to expand his responsibilities as the firm grows. This is also an exciting change for my husband, Bob Tait, as he has a variety of other family and community commitments that he is anxious to pursue further."

Broadstone also announced the promotion of three team members to the position of Vice President. Brandon Tones was promoted to Vice President of Acquisitions. Brandon's primary responsibilities include identifying, analyzing and acquiring real estate opportunities for Broadstone Net Lease. Gina Guzman was promoted to Vice President of Portfolio Management. Gina is responsible for overseeing the local property management team at Broadstone and managing the properties that are part of the Broadstone Net Lease portfolio. Finally, Chris Czarnecki was promoted to Vice President of Capital Markets. Chris specializes in raising debt and equity capital for BRE's investment strategies.

Finally, Broadstone also announced the hiring of a new acquisitions specialist. In early February 2012, Sean Cutt officially joined BRE as Vice President of Acquisitions. His primary responsibilities include identifying, analyzing and acquiring real estate opportunities. Prior to joining Broadstone, Sean was an Assistant Vice President of Development for Macerich Co. Sean was responsible for managing large scale development projects across the country. Before Macerich, he worked at SWBR Architects as a Project Manager. Additional hiring announcements by Broadstone are expected in the coming weeks.

Broadstone Real Estate is a Rochester, NY based real estate firm that specializes in commercial property management and asset management. Broadstone is also a Registered Investment Advisor and majority women owned enterprise. In addition to managing properties in the greater Rochester area, the company manages Broadstone Net Lease, Inc., a private Real Estate Investment Trust (REIT) that currently owns 117 freestanding, single-tenant, absolute net-leased properties located in 23 states throughout the United States. Additional information can be found at www.BroadstoneRE.com.

SOURCE Broadstone Real Estate, LLC

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