Acquiring Company
Global Net Lease
Acquired Company
Modiv Industrial
New YorkRenoReal EstateReal Estate InvestmentManufacturingDescription
Global Net Lease, Inc. has completed its acquisition of Modiv Industrial, Inc. for $535 million. The transaction, aimed at expanding GNL's industrial real estate portfolio, includes a significant exchange of shares and cash for shareholders. This acquisition is expected to enhance portfolio quality and long-term cash flow durability.
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Based on deal dataFrequently asked
Who acquired Modiv Industrial?
Modiv Industrial was acquired by Global Net Lease, based in New York. The deal was reported on August 25, 2026. Global Net Lease, Inc. Global Net Lease is publicly traded (GNL) and operates in Real Estate.
When did Global Net Lease acquire Modiv Industrial?
Global Net Lease's acquisition of Modiv Industrial was reported on August 25, 2026. Global Net Lease, Inc. has completed its acquisition of Modiv Industrial, Inc. for $535 million. The transaction, aimed at expanding GNL's industrial real estate portfolio, includes a significant exchange of shares and cash for shareholders. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Modiv Industrial do?
Modiv Industrial, Inc. is the only public REIT exclusively focused on acquiring industrial manufacturing real estate. The company announced its first quarter 2024 results, demonstrating growth in rental income and AFFO. It is publicly traded (MDV), operating in Manufacturing, and is based in Reno.
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