Michael Landy, president and CEO of Monmouth Real Estate Investment Corp. (NYSE: MNR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Monmouth currently has an acquisition pipeline of 2.3 million square feet in place, representing $ 250 million in class-A industrial space. By the end of the 2015 fiscal year on Sept. 30, Monmouth will have increased its gross leasable area by 30 percent. Landy said the company is also anticipating double-digit growth in 2016.
