| Monmouth Real Estate Investment Corporation is an real estate investment trust (REIT) that owns real estate. Its investment focus is to own net leased industrial properties which are leased primarily to investment-grade tenants on long-term leases. In addition, the Company holds a portfolio of REIT securities. In September 2011, the Company acquired 113,871 square foot industrial building. In October 2011, it acquired a 368,060 square foot industrial building located in the Interstate Commerce Center Industrial Park, Mondial Parkway, Portage County, Streetsboro, Ohio. In November 2011, it acquired a 75,000 square foot industrial building located at 4 Liebich Lane, Saratoga County, Halfmoon, New York. On June 8, 2012, it acquired 119,912 square foot industrial building. In July 2012, it acquired a 102,594 square foot industrial building located at 685 Alliance Parkway, McClennan County, Waco, Texas. In December 2012, the Company acquired a 615,305 square foot industrial building. |
