New Jersey investment firm buys industrial building for $16.2M
by MBJ Staff Published: March 22,2012
Tags: acquisitions, Commercial Real Estate, facility, industrial, investing, investment, investments, land, property, purchases, real estate
OLIVE BRANCH — Monmouth Real Estate Investment Corporation of Freehold, N.J., has acquired a 234,660-square-foot industrial building located at 8644 Polk Lane, Olive Branch, at a purchase price of $16.2 million. The property is net-leased for 10 years to Anda Pharmaceuticals Inc., a distribution division of Watson Pharmaceuticals Inc. The building is situated on approximately [...] [...]
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