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Monmouth Real Estate closes 15.2M Texas industrial acquisition

NJBIZ STAFF//November 20, 2013//

Monmouth Real Estate closes 15.2M Texas industrial acquisition

NJBIZ STAFF//November 20, 2013//

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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.