Greenberg Traurig Advises Global Net Lease on $535M Modiv Industrial Acquisition
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. New York continues to bifurcate sharply: trophy office leasing at record rents, commodity Class B in conversion discussions or court-supervised processes. Rent-stabilized multifamily remains supply-constrained and tightly held. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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NEW YORK, Aug. 24, 2026 /PRNewswire/ -- Global law firm Greenberg Traurig, LLP represented Global Net Lease, Inc. (NYSE: GNL) in its acquisition of Modiv Industrial, Inc., helping the company add a $535 million portfo…
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