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Monmouth Real Estate Acquires Home Depot- and FedEx-Leased Warehouses for $170 Million

Strategic Review, Including Potential Sale, Remains Underway, New Jersey REIT Says

FedEx Ground has a 15-year lease at the Ohio distribution center that Monmouth Real Estate Investment recently purchased for $73.3 million. (CoStar)
FedEx Ground has a 15-year lease at the Ohio distribution center that Monmouth Real Estate Investment recently purchased for $73.3 million. (CoStar)

Monmouth Real Estate Investment has closed on the acquisition of two distribution centers, leased by Home Depot and FedEx Ground, in Georgia and Ohio for $170 million, the company said.

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