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Global Net Lease Closes $74 Million of Dispositions Since First Quarter 2026, Achieving a 7.2% Cash Cap Rate on Occupied Sales

GlobeNewswire Inc.·
Global Net Lease Closes $74 Million of Dispositions Since First Quarter 2026, Achieving a 7.2% Cash Cap Rate on Occupied Sales

Global Net Lease announced the closure of $74 million in asset dispositions since Q1 2026, including $66 million in occupied properties at a 7.2% cash cap rate, with office assets representing 93% of sales. The company is reducing office exposure from 26% to approximately 21% of portfolio straight-line rent through strategic dispositions and is on track to close a $535 million acquisition of Modiv Industrial in Q3 2026. Year-to-date dispositions total approximately $145 million at a 7.5% cash cap rate.

Read Full Article at GlobeNewswire Inc.
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