Modiv Industrial Acquisition | Industrials Deal in NY

Global Net Lease, Inc. has announced a merger acquisition of Modiv Industrial, an industrial services other business in New York, for $0.01. Modiv Industrial provides industrial services supporting operations and facilities, aligning with Global Net Lease’s focus on industrial assets and income-generating real estate exposure. The industrials M&A combination expands NY acquisitions within industrial services other, strengthening Global Net Lease’s industrials deals NY footprint. The announced merger acquisition is structured through an SEC Form S-4 process, with proposed sale timing “as soon as practicable” after effectiveness and satisfaction of merger conditions, and deal consideration terms referenced across GNL common and preferred series.