Venable's Corporate Finance and Securities Group represented Monmouth Real Estate Investment Corporation in a $132.5 million follow-on underwritten public offering of common stock. Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public-equity REITs. It specializes in single-tenant, net-leased industrial properties.
Carmen Fonda, Michael Leber, Gabe Steele, and Pauline Law represented Monmouth in connection with the transaction, and Brian O'Connor, Chris Davidson, and Liz Stieff assisted with tax matters.