Press Releases

MREIC Announces New Acquisition in Savannah, GA

Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a brand new 831,764 square foot industrial building located at 590 Northport Parkway, Savannah, GA at a purchase price of $57,483,636. The property is net-leased for 10 years to Shaw Industries, Inc., a Georgia corporation.