 Holmdel, New Jersey., Dec. 24, 2020 GLOBE NEWSWIRE -- Monmouth Real Estate Investment Corporation NYSE:MNR today announced the acquisition of a new 657,518 square foot industrial building located at 3150 Highway 42 in Locust Grove, GA. at a purchase price of 96.7 million. The property is net-leased for 20 years to Home Depot U.S.A., Inc. The building is situated on approximately 130 acres and has a land-to-building ratio of nearly nine times, providing ample opportunity for future development to drive accretive growth. 