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Monmouth Real Estate announces new acquisition in Savannah, GA

  • Monmouth Real Estate Investment (MNR) acquired a new 126,520 sq. ft. industrial building, situated on ~29 acres, located at Savannah, GA for $27.83M.
  • The property is net-leased for 10 years to FedEx Ground Packaging System. The building is situated on approximately 29 acres.
  • The company has grown its high-quality portfolio by ~0.5M  sq. ft, situated on 100 acres, for a total cost of $113.1 million.
  • Source: Press Release

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