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Monmouth Real Estate Investment Corp.

Monmouth Real Estate Investment Corp.

Sector: Real Estate Investment Trusts Region: NJ, United States


: | New York Stock Exchange: MNR


Monmouth Real Estate Investment Corporation (MREIC), which was organized in 1968, is a publicly-owned real estate investment trust (REIT) specializing in net-leased industrial properties subject to long-term leases primarily to investment grade tenants. MREIC's current tenants include: Anda Pharmaceuticals, Inc., Anheuser-Busch, Best Buy, Caterpillar Logistics Systems, Coca Cola, FedEx, Keebler/Kelloggs, Sherwin-Williams, and Siemens. The high quality of MREIC's portfolio gives investors the unique opportunity of investing in institutional quality real estate while at the same time receiving the high yields generally available only with more speculative investments. The Company's property portfolio consists of 73 industrial properties and one shopping center located in 26 states, totaling approximately 9.4 million square feet of gross leasable area. In addition, the company owns a portfolio of REIT securities.

Investor Calendar

Feb 6, 2014 4:30 am | First Quarter 2014 Earnings Call

Executives

Eugene W. Landy , Chairman of the Board
Mr. Landy serves as Chairman of the Board of Monmouth Real Estate Investment Corporation (since 1968). He previously served as President and Chief Executive Officer (1968-2013). He is an Attorney at Law and served as President and Chairman of the Board of Monmouth Capital Corporation (1961 to 2007). Mr. Landy also serves as Chairman of the Board (since 1995), President (from 1969 to 1995), and Director (since 1969) of UMH Properties, Inc.
Michael P. Landy , President and Chief Executive Officer
Mr. Landy is a Director of Monmouth Real Estate Investment Corporation (since July 2007) and serves in the capacity of President and Chief Executive Officer (2013 to present), and Chairman of the Executive Committee (2010). He previously served as Chief Operating Officer (2011 to 2013). Mr. Landy is also Executive Vice President of UMH Properties, Inc. (March 2003 to present). He served as Executive Vice President (2001 to 2007) and Director (2001 to 2007) of Monmouth Capital Corporation. He previously served as President (1998 to 2001) of Siam Records, L.L.C.; and Chief Engineer and Technical Director (1987-1998) of GRP Recording Company.
Kevin S. Miller, Chief Financial and Accounting Officer
Mr. Miller serves as Chief Financial and Accounting Officer for Monmouth Real Estate Investment Corporation and is a Member of the Executive Committee (2012). He previously was Assistant Controller and Assistant Vice President of Forest City Ratner Companies (2005-2012) and Audit Manager for PKF O'Connor Davies (1993-2005). He is a Certified Public Accountant.
Allison Nagelberg , General Counsel
Ms. Nagelberg serves as General Counsel for Monmouth Real Estate Investment Corporation (2000 to present) and is a Member of the Executive Committee (2010). She is also General Counsel for UMH Properties, Inc. She is an Attorney at Law, admitted to practice in the states of New York and New Jersey. She also holds a Master of Business Administration in Finance. She previously handled complex commercial litigation for Carpenter, Bennett & Morrissey, and Weiss, Lennon & Sharfman.

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