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RAMSEY, N.J. — Monmouth Real Estate Investment Corp. has sold a 44,719-square-foot industrial property, located at 565 E. Crescent Ave. in Ramsey, for approximately $4 million. The building is presently occupied by Bogen Imaging. The property was acquired by a partnership that includes Delaware-based HSM Acquisition Partners. Monmouth first acquired the property nearly 40 years ago.