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New Jersey REIT buys Concord industrial building (access required)

Monmouth Real Estate Investment Corp. has acquired a new 330,717-square-foot industrial building in Concord for nearly $32 million. The property, off Interstate 85 at 4690 Global Ave. NW, is net-leased for 10 years to FedEx Ground Package System Inc. "We are very pleased to add this brand new Class A built-to-suit FedEx distribution center to our ...

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