Monmouth Lands 300 KSF OH Industrial Building

The company purchased the new asset for $18.3 million. Located in Kenton, the property is leased to New York-based International Paper Co.
Monmouth Real Estate Investment Corp. acquired a new, 298,472-square-foot industrial building in Kenton, Ohio, for $18.3 million. The property is net-leased for 10 years to global leader in the paper and packaging industry, International Paper Co.
Located at 2465 Fontaine St., the building is situated on 46 acres, approximately 28 miles south of Findlay, Ohio. The Class A distribution center has full rail access and is adjacent to one of International Paper’s largest manufacturing plants in the U.S…

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