Press Releases

MREIC Announces New Acquisition in the Charlotte, North Carolina MSA

Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a brand new 354,482 square foot industrial building located at 4350 Fortune Avenue, Concord, NC, at a purchase price of $40,598,446.  The property is net-leased for 15 years to FedEx Ground Packaging System, Inc., a Delaware corporation.  The building is situated on approximately 56.6 acres.