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Equity Commonwealth’s Deal To Buy Monmouth for $3.4 Billion Marks Move Into Industrial Sector

Chicago REIT To Sell Office Assets To Fund Additional Industrial Property Purchases
The 862,000-square-foot 12385 Crossroads Road Building E in Olive Branch, Mississippi, leased to Milwaukee Electric Tool is Monmouth Real Estate’s largest holding. (CoStar)
The 862,000-square-foot 12385 Crossroads Road Building E in Olive Branch, Mississippi, leased to Milwaukee Electric Tool is Monmouth Real Estate’s largest holding. (CoStar)

The merger wave underway among real estate investment trusts has swept up another pair of companies as commercial office REIT Equity Commonwealth intends to acquire industrial net lease REIT Monmouth Real Estate Investment.

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News | Equity Commonwealth’s Deal To Buy Monmouth for $3.4 Billion Marks Move Into Industrial Sector