    <SEC-DOCUMENT>0001104659-26-059405-index.html : 20260512
    <SEC-HEADER>0001104659-26-059405.hdr.sgml : 20260512
    <ACCEPTANCE-DATETIME>20260512161514
    ACCESSION NUMBER:		0001104659-26-059405
    CONFORMED SUBMISSION TYPE:	425
    PUBLIC DOCUMENT COUNT:		7
    FILED AS OF DATE:		20260512
    DATE AS OF CHANGE:		20260512

    SUBJECT COMPANY:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			MODIV INDUSTRIAL, INC.
    		CENTRAL INDEX KEY:			0001645873
    		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
    		ORGANIZATION NAME:           	05 Real Estate & Construction
    		EIN:				474156046
    		STATE OF INCORPORATION:			MD
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		425
    		SEC ACT:		1934 Act
    		SEC FILE NUMBER:	001-40814
    		FILM NUMBER:		26968724

    	BUSINESS ADDRESS:
    		STREET 1:		2195 SOUTH DOWNING STREET
    		CITY:			DENVER
    		STATE:			CO
    		ZIP:			80210
    		BUSINESS PHONE:		888-686-6348

    	MAIL ADDRESS:
    		STREET 1:		2195 SOUTH DOWNING STREET
    		CITY:			DENVER
    		STATE:			CO
    		ZIP:			80210

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	Modiv Industrial, Inc.
    		DATE OF NAME CHANGE:	20230811

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	MODIV INC.
    		DATE OF NAME CHANGE:	20210120

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	RW HOLDINGS NNN REIT, INC.
    		DATE OF NAME CHANGE:	20170814

    FILED BY:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Global Net Lease, Inc.
    		CENTRAL INDEX KEY:			0001526113
    		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
    		ORGANIZATION NAME:           	05 Real Estate & Construction
    		EIN:				452771978
    		STATE OF INCORPORATION:			NY
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		425

    	BUSINESS ADDRESS:
    		STREET 1:		650 FIFTH AVE
    		STREET 2:		30TH FLOOR
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10019
    		BUSINESS PHONE:		(332) 265-2020

    	MAIL ADDRESS:
    		STREET 1:		650 FIFTH AVE
    		STREET 2:		30TH FLOOR
    		CITY:			NEW YORK
    		STATE:			NY
    		ZIP:			10019

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	American Realty Capital Global Trust, Inc.
    		DATE OF NAME CHANGE:	20120810

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	American Realty Capital Global Daily Net Asset Value Trust, Inc.
    		DATE OF NAME CHANGE:	20111014

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	American Realty Capital Global Trust, Inc.
    		DATE OF NAME CHANGE:	20110719
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>425
    <SEQUENCE>1
    <FILENAME>tm2614309d1_425.htm
    <DESCRIPTION>425
    <TEXT>
    Document 1 - file: tm2614309d1_425.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>2
    <FILENAME>tm2614309d1_425img001.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 2 - file: tm2614309d1_425img001.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>3
    <FILENAME>tm2614309d1_425img002.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 3 - file: tm2614309d1_425img002.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>tm2614309d1_425img003.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 4 - file: tm2614309d1_425img003.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>tm2614309d1_425img004.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 5 - file: tm2614309d1_425img004.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>tm2614309d1_425img005.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 6 - file: tm2614309d1_425img005.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>tm2614309d1_425img006.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 7 - file: tm2614309d1_425img006.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>