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Monmouth Real Estate Acquires FedEx Facility in Olathe for $32 Million

By Ji Kim
September 27, 2016 | 6:10 P.M.

Monmouth Real Estate Investment Corp. (NYSE: MNR) of Freehold, NJ purchased the 313,763-square-foot FedEx Ground hub at 22525 W. 167th St. in Olathe, KS from Jones Development for slightly less than $32 million, or approximately $101 per square foot.

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