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Here's the CEO Whose REIT Beat Out Two Billionaires in Effort To Buy Monmouth

A Daily Look at the Movers and Shakers in Commercial Real Estate
John Murray and Industrial Logistics Properties Trust beat out companies led by Sam Zell and Barry Sternlicht in pursuit of Monmouth Real Estate Investment. (ILPT)
John Murray and Industrial Logistics Properties Trust beat out companies led by Sam Zell and Barry Sternlicht in pursuit of Monmouth Real Estate Investment. (ILPT)
CoStar News
November 8, 2021 | 4:50 P.M.

The CEO of the real estate investment trust that has agreed to acquire Monmouth Real Estate Investment Corp., an industrial REIT that caught the eye of real estate magnates Sam Zell and Barry Sternlicht, is a longtime hospitality executive who is part of a group that manages several REITs.

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