Press Releases

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Monmouth Shareholders Vote “FOR” the Transaction with ILPT

Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) have recommended that shareholders vote “FOR” the previously announced all-cash transaction with Industrial Logistics Properties Trust (Nasdaq: ILPT, “ILPT”) at the Company’s upcoming Special Meeting of Shareholders (the “Special Meeting”) scheduled for February 17, 2022.