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Monmouth Real Estate Lines Up Four Industrial Acquisitions

New Jersey-Based REIT Expects Deals Valued at $151 Million; Three Properties Are Leased to FedEx
Monmouth Real Estate Investment this year acquired an industrial building in Indiana leased by Toyota. (Courtesy of Monmouth Real Estate Investment)
Monmouth Real Estate Investment this year acquired an industrial building in Indiana leased by Toyota. (Courtesy of Monmouth Real Estate Investment)
CoStar News
November 27, 2019 | 2:48 P.M.

In keeping with its long-term strategy, Monmouth Real Estate Investment’s acquisition pipeline for next year includes the purchase of four new industrial buildings totaling about 1 million square feet, which it plans to buy for $150.5 million.

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