Modiv Industrial, Inc. MDV

What this company does

Modiv Industrial, Inc. ("Modiv") is an internally-managed Maryland corporation that acquires, owns and manages a portfolio of single-tenant net-lease properties throughout the United States, with a focus on critical industrial manufacturing properties with long-term leases to tenants that fuel the national economy and strengthen the nation's supply chains. Modiv also owns three non-core, legacy retail and office real estate properties, and is gradually reducing its non-core exposure, subject to market conditions, as it furthers its focus as a pure-play industrial manufacturing real estate investment trust ("REIT"). Modiv has operated as a REIT for U.S. federal income tax purposes beginning with the year ended December 31, 2016. Its Class C common stock, $0.001 par value per share (the "Class C Common Stock"), is listed on the New York Stock Exchange (the "NYSE") under the symbol "MDV." Its current business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of commercial real estate assets, primarily utilized for industrial manufacturing, as well as a few non-core assets. As of December 31, 2025, the Company had nine total employees, all of which are full-time employees.

Written from the business description in Modiv Industrial, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 March 2026. Every sentence was checked against that document before publication.