Venable represented Monmouth Real Estate Investment Corporation in its recent underwritten public offering of $50 million of 7.875% Series B Cumulative Redeemable Preferred Stock.
Monmouth Real Estate Investment Corporation, which was organized in 1968, is a publicly owned REIT that seeks to invest in net-leased industrial properties subject to long-term leases to investment grade tenants. Monmouth's property portfolio consists of sixty-nine industrial properties and one shopping center located in twenty-five states.
The Venable team consisted of Michael Leber, Carmen Fonda and Hirsh Ament, with additional support provided by Tuck Washburne. Brian O’Connor and Chris Davidson assisted with tax issues.
Monmouth Real Estate Investment Corporation, which was organized in 1968, is a publicly owned REIT that seeks to invest in net-leased industrial properties subject to long-term leases to investment grade tenants. Monmouth's property portfolio consists of sixty-nine industrial properties and one shopping center located in twenty-five states.
The Venable team consisted of Michael Leber, Carmen Fonda and Hirsh Ament, with additional support provided by Tuck Washburne. Brian O’Connor and Chris Davidson assisted with tax issues.