UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 12, 2011
MONMOUTH REAL ESTATE INVESTMENT CORPORATION
(Exact name of Registrant as specified in its charter)
MARYLAND 001-33177 22-1897375
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification Number)
3499 Route 9N, Suite 3C, Freehold, NJ 07728
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (732) 577-9996
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
[ ] Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 142-12 under the Exchange Act (17 CFR 240.14a-12
[ ] Pre-commencement communications pursuant to rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On October 12, 2011, the Company issued a press release announcing the acquisition of a 368,060 square foot industrial property in Streetsboro, OH for $19,600,000.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
99
Press Release dated October 12, 2011.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MONMOUTH REAL ESTATE INVESTMENT CORPORATION
/s/ Maureen E. Vecere
MAUREEN E, VECERE
Chief Financial and Accounting Officer
Date October 12, 2011
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FOR IMMEDIATE RELEASE
October 12, 2011
Contact:
Susan Jordan
(732) 577-9996
MONMOUTH REAL ESTATE INVESTMENT CORPORATION
ANNOUNCES NEW ACQUISITION
Freehold, NJ, October 12, 2011…….Monmouth Real Estate Investment Corporation (NYSE:MNR) today announced the acquisition of a 368,060 square foot industrial building located in the Interstate Commerce Center Industrial Park, Mondial Parkway, Portage County, Streetsboro, Ohio, at a purchase price of $19.6 million. The property is net-leased through August 31, 2021 to Best Buy Warehousing Logistics, Inc.
The building is situated on 27.9 acres and is a brand new construction by Geis Development.
Michael P. Landy, COO, commented, “We are very pleased to announce this acquisition as it represents an excellent new tenant to our high quality roster. This brand new, Class A industrial building, constructed by Geis Development also represents an exciting new construction relationship for Monmouth. Geis builds very high quality industrial assets and therefore they represent an excellent fit to our existing portfolio. We anticipate that this will be the first of many acquisitions for us developed by Geis. This acquisition increases our gross leasable area to 7.9 million square feet.”
Monmouth Real Estate Investment Corporation, which was organized in 1968, is a publicly owned real estate investment trust specializing in net-leased industrial properties subject to long-term leases primarily to investment grade tenants. The Company’s property portfolio now consists of sixty-six industrial properties and one shopping center located in twenty-five states. In addition, the Company owns a portfolio of REIT securities.
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