Monmouth Real Estate Investment plans public offering of common stock

Company offers up to 1.5 million shares through CSCA Capital Advisors

By Devika Patel

Knoxville, Tenn., Nov. 28 - Monmouth Real Estate Investment Corp. will sell its common stock in a public offering, according to a prospectus supplement filed Monday with the Securities and Exchange Commission.

The company will sell up to 1.5 million common shares through agent CSCA Capital Advisors, LLC.

Proceeds will be used to purchase properties and for general corporate purposes.

The company's common stock trades on the New York Stock Exchange under the symbol "MNR." It closed at $8.88 on Monday.

Monmouth is a real estate investment trust based in Freehold, N.J., with a concentration on net-leased industrial policies.

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