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Global Net Lease Successfully Closes Second Phase of Multi-Tenant Portfolio Sale
Global Net LeaseGlobal Net Lease(US:GNL) Globenewswire·2025-06-11 18:00
  • Sale of 28 Properties Generates Approximately 400MillioninGrossProceeds−RemainsOnTracktoCloseThirdandFinalPhasebyEndofQ2′25NEWYORK,June11,2025(GLOBENEWSWIRE)−−GlobalNetLease,Inc.(NYSE:GNL)("GNL"orthe"Company")announcedthesuccessfulclosingofthesecondphaseofthesaleofitsmulti−tenantportfoliotoRCGVentures,LLConJune10,2025,including28encumberedproperties.Thesecondphasegeneratedapproximately400 Million in Gross Proceeds - Remains On Track to Close Third and Final Phase by End of Q2'25 NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. (NYSE: GNL) ("GNL" or the "Company") announced the successful closing of the second phase of the sale of its multi-tenant portfolio to RCG Ventures, LLC on June 10, 2025, including 28 encumbered properties. The second phase generated approximately 400 million in gross proceeds upon closing1. GNL re ...