MONMOUTH ACQUIRES REMAINING INTEREST IN WHEELING PARTNERS

WHEELING, ILL. — Monmouth Real Estate Investment Corp. has acquired the remaining 37 percent interest in Wheeling Partners, an Illinois-based limited liability company, for $4.1 million. Wheeling owns a 137,000-square-foot industrial building in Wheeling. The property is currently leased to FedEx Ground Package Systems through May 2017. Prior to the acquisition, Monmouth owned 63 percent of Wheeling Partners.