Modiv Industrial (NYSE:MDV) is a publicly traded real estate investment trust focused on acquiring and managing single-tenant, net-leased industrial properties across the United States. The company targets manufacturing plants, distribution centers and fulfillment facilities that operate under long-term lease agreements, shifting most property-level expenses to tenants. By securing assets with credit-worthy operators in e-commerce, logistics and manufacturing sectors, Modiv Industrial seeks to deliver stable rental income and potential long-term capital appreciation to shareholders.
The firm’s core activities encompass property sourcing, due diligence, acquisition, leasing and ongoing asset management. Modiv Industrial emphasizes triple net lease structures, whereby tenants are responsible for property taxes, insurance and maintenance costs. This leasing model helps reduce variability in operating expenses and supports predictable cash flows. The company pursues a combination of newly developed facilities and value-add acquisitions to capitalize on evolving tenant requirements.
Since its initial public offering in 2019 (when it operated under the name Industrial Income Trust), Modiv Industrial has built a diversified portfolio spanning primary and select secondary markets. Key regions include California, Texas, the Southeast and the Midwest, with a focus on locations near major highways, seaports and air cargo hubs. This geographic mix is designed to support tenants’ supply-chain efficiency and to balance exposure across rapidly growing and established industrial corridors.
Modiv Industrial’s executive leadership team brings deep expertise in real estate investment, capital markets and property operations. The board of trustees, comprised primarily of independent directors, provides governance oversight and strategic guidance. Supported by professionals in acquisitions, finance and asset management, the management team adheres to disciplined underwriting and risk management principles as it executes its growth strategy in the industrial real estate sector.
AI Generated. May Contain Errors.
Free MDV Stock Alerts