Modiv Inc. recently completed three separate commercial real estate transactions in central Texas. The transactions include an acquisition and lease renewal in San Antonio, and a property sale in the greater Austin area, comprising a cumulative total of 99,265 square feet in real estate activity.

Details of the Texas transactions include:

• The acquisition of a 3,800-square-foot quick-service restaurant leased to Raising Cane’s located at 19110 Stone Oak Pkwy. in San Antonio.
• An eight-year lease renewal for a Pre-K 4 SA Educational Center located at 1255 Old Highway 90 W. in San Antonio. The 50,000-square-foot facility is leased to the San Antonio Early Childhood Development Corporation and the lease is guaranteed by the city of San Antonio.
• The sale of a 45,465-square-foot industrial property located at 5900 183A Frontage Rd. in Cedar Park was completed with an aerospace technology corporation.

“We continue to be bullish on the continued growth of the Texas commercial real estate market and we believe that our investments in the region can provide long-term value for our investors,” said David Collins, chief property officer at Modiv.

Within Texas, Modiv also owns an office property in Dallas leased to Texas Health Resources and a retail property in Big Spring leased to Dollar General.