About Us Portfolio Investor Relations News About Us At Monmouth, we specialize in owning high-quality net-leased industrial properties, on long-term leases, to investment-grade tenants. This has enabled us to deliver very reliable and predictable returns to our shareholders throughout the business cycle. What We Do At Monmouth, we have worked diligently to position ourselves to benefit from the structural changes that the ecommerce revolution requires. We have a very modern, high-quality industrial property portfolio with a weighted average building age of under 10 years. Our assets are situated near major airports, major transportation hubs, and manufacturing plants that are integral to our tenant’s operations. From a geographic standpoint, we have positioned our portfolio to benefit from companies relocating to more business-friendly locations. We have also strategically positioned our portfolio to benefit from the recently completed Panama Canal expansion. Shipping container growth at the U.S. East Coast ports has been outpacing growth on the West Coast ports for the past several years. Our portfolio is very well situated to continue to benefit from these ongoing trends. With a 20-year total shareholder return of 1,248%, Monmouth ranks as the #17 performer of all REITs and as the #2 performing industrial REIT over this period (as of 12/31/2020). Our long-term shareholders have enjoyed one of the best dividend track records of any REIT. While the past few years have seen great achievements for our company, we are very confident that the best is yet to come. Opportunity Investors often analyze the balance of supply and demand. Looking at historical data has, in the past, proven helpful in forecasting future trends, especially in the cyclical asset class of real estate. At the turn of the century, ecommerce sales were less than 1% of total retail sales. Since then, ecommerce has grown exponentially. Today’s modern industrial buildings need to service not just the Business-to-Business (B to B) part of the economy but also the sales that bypass the brick-and-mortar retail channel altogether and are shipped directly to the consumer (B to C). In order to serve both of these channels, known as “Omni-Channel” distribution, a large investment is made by the tenant in the technology that resides inside of these modern facilities. Our experience in owning these mission-critical facilities leased to some of the world’s strongest companies, is that the leases renew and the occupancy rates remain high. Culture Building an exceptional company requires exceptional people. We are very fortunate to have such a great team at Monmouth. Most importantly, our group embraces the common principles of integrity, hard work, and fair dealing with all. Over the years, we have built valuable relationships that are at the heart of our success. These relationships include our partners in the merchant-builder community, our bankers, our legal advisors, our real estate brokers, and, of course, our long-term shareholders. Our success is the inevitable result of all of us working together. There is, of course, another major partnership that deserves primary recognition, and that is our relationship with our tenants. The quality of our tenant base is unsurpassed in the REIT world. Over the years, we have built very strong relationships with our tenants. Our job is to provide the high-quality space that our tenants deserve. Because of our long-term track record of success, one should take comfort in knowing that our business model is sound, our foundation is strong, and our course is clear. Management Team Eugene W. Landy Chairman of the Board Michael P. Landy President and Chief Executive Officer Kevin S. Miller Chief Financial and Accounting Officer, and Treasurer Michael D. Prashad General Counsel Richard Molke Vice President of Asset Management Becky Coleridge Vice President of Investor Relations Katie Rytter Controller Allison Viscardi Vice President of Property Management Crystal Glas Executive Assistant Laura Teman Assistant Controller Ashley Tripodi Property Manager Yulia Hatch Senior Accountant Matthew R. Santonocito Information Technology Manager, and Administrative Assistant Ayaris Drouet Administrative Assistant Monmouth Real Estate Investment Corporation About Us Portfolio Investor Relations News Contact Bell Works 101 Crawfords Corner Road Suite 1405 Holmdel, NJ 07733 Map It Subscribe Terms of Use | Privacy Policy Office: 732 577 9996 Email: mreic@mreic.com