MONMOUTH ACQUIRES 40,000-SQUARE-FOOT INDUSTRIAL BUILDING

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TOPEKA, KAN. — Monmouth Real Estate Investment Corp. has acquired a 40,000-square-foot industrial building in Topeka for $4.1 million. The property is located within Forbes Field Industrial Park at 6700 S.W. Topeka Blvd. It was constructed in 2006 as a build-to-suit for GE Commercial Finance Business Property Corp., the seller in the transaction. Coca-Cola Enterprises occupies the building under a triple-net lease agreement through 2021. The building is subject to a ground lease with Metropolitan Topeka Airport Authority. Darren Sides of Porthaven Partners represented Monmouth in the purchase.

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