Global Net Lease, Inc. (NYSE: GNL) completed its acquisition of Modiv Industrial, Inc. on August 12, 2026, adding a $535 million portfolio of industrial net-lease properties across the United States. Greenberg Traurig, LLP advised GNL on the transaction. The deal advances GNL’s strategy of expanding its industrial real estate holdings, which now account for approximately 50% of total straight-line rent, while supporting portfolio quality, diversification and long-term cash-flow durability. Each Modiv common share was exchanged for 1.975 newly issued GNL shares, while preferred shareholders received $25 per share in cash plus accrued and unpaid dividends. Greenberg Traurig said its legal team drew on real estate, REIT, corporate, tax and capital-markets practices across the firm.