Monmouth Capital Corporation Announces New Acquisition
2004年12月31日 - 2:06AM
PRニュース・ワイアー (英語)
Monmouth Capital Corporation Announces New Acquisition FREEHOLD,
N.J., Dec. 30 /PRNewswire-FirstCall/ -- On December 29, 2004
Monmouth Capital Corporation (NASDAQ:MONM) announced the
acquisition of a 171,200-square-foot industrial building in Kane
County, Montgomery, Illinois, at a purchase price of approximately
$10,000,000. This property is net-leased to The Home Depot USA,
Inc., as a lumber distribution facility, for a period of ten years
through June of 2010. The building was purchased from Hunt Midwest
Illinois, LLC, a Missouri limited liability company. Monmouth
Capital Corporation ("MONM") is part of a family of REITs including
United Mobile Homes, Inc. (AMEX:UMH), which invests in manufactured
home communities, and Monmouth Real Estate Investment Corporation
(NASDAQ:MNRTA), which invests in net-leased industrial properties
on long- term leases to investment grade tenants. It is MONM's
intention to pursue any real estate opportunities other than the
specialized areas of United Mobile Homes, Inc., and Monmouth Real
Estate Investment Corporation. DATASOURCE: Monmouth Capital
Corporation CONTACT: Rosemarie Faccone or Susan Jordan, Monmouth
Capital Corporation, +1-732-577-9996
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