Facebook Twitter LinkedIn Google Plus RSS

Monmouth Real Estate closes $15.2M Texas industrial acquisition

By ,

Freehold-based Monmouth Real Estate Investment Corp. announced today it has closed on the acquisition of a 114,923-square-foot industrial building in Texas at a purchase price of $15,281,318.

According to the announcement, the property is net-leased for 10 years to FedEx Ground Package System Inc., a Delaware corporation. The building is situated on approximately 17 acres in the Houston area and is expandable by approximately 80,000 additional square feet.


More From This Industry

Write to the Editorial Department at editorial@njbiz.com

Related Stories

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy