Global Net Lease, an investment firm specializing in industrial properties, agreed to acquire a similar, albeit smaller, company for $535 million.
Industrial property owner chases expansion with deal for smaller company
Global Net Lease agrees to pay $535 million for Modiv Industrial
By Andy Peters
CoStar NewsMay 4, 2026 | 7:42 P.M.
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IN THIS ARTICLE
- Properties
- ITW Rippey
5000 Hillsdale Cir, El Dorado Hills, CA
- Companies
- Global Net Lease
Real Estate
- Modiv Industrial, Inc.
Real Estate
- Lindsay Precast
Manufacturing