Monmouth: Industrial Logistics Properties Trust Completes Acquisition of Monmouth Real Estate Investment Corp.

NEWTON, Mass.- Industrial Logistics Properties Trust announced that it has completed its acquisition of Monmouth Real Estate Investment Corporation (NYSE: MNR) for $21.00 per share in an all-cash transaction, valued at approximately $4.0 billion, including committed MNR acquisitions, transaction costs and the assumption of approximately $323 million of debt. This transaction was approved by MNR's [...] The post Industrial Logistics Properties Trust Completes Acquisition of Monmouth Real Estate Investment Corp. appeared first on Boston Real Estate Times.