Billionaire Sam Zell failed to convince shareholders of Monmouth Real Estate Investment Corp. to let him buy the New Jersey-based industrial landlord after he emerged from a fight with another suitor for the company, fellow real estate titan Barry Sternlicht.
Monmouth Real Estate Shareholders Reject Sam Zell’s Bid
Vote Comes After Battle Waged by Investor Sternlicht for Industrial REIT
By Linda Moss
CoStar News
August 31, 2021 | 5:50 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Bell Works
101 Crawfords Corner Rd, Holmdel, NJ
- Companies
- Monmouth Real Estate Investment Corporation
Real Estate