Monmouth Real Estate Investment Corporation (MREIC) is a real estate investment trust (REIT). The Company’s investment focus is to own well-located, net leased industrial properties, which are leased to investment-grade tenants on long-term leases. It also holds a portfolio of REIT securities. The Company operates through its subsidiary, MREIC Financial, Inc. As of September 30, 2013, the Company held investments in seventy-six properties totaling approximately 9,586,000 square feet, consisting of seventy-five industrial properties and one shopping center. These properties are located in twenty-six states, which include Alabama, Arizona, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia and Wisconsin. The Company has properties leased to FedEx Corporation (FDX).