Monmouth Real Estate Investment Corporation is a company operating as a qualified real estate investment trust (REIT). The Company's primary business is the ownership of real estate. Its investment focus is to own net leased industrial properties which are leased primarily to investment-grade tenants on long-term leases. In addition, the Company holds a portfolio of REIT securities. It derives its income primarily from real estate rental operations. In November 2013, Monmouth Real Estate Investment Corporation announced the acquisition of a 114,923 square foot industrial building located at 21200 Spring Plaza Drive, Harris County, Spring, Texas.