FREEHOLD, N.J., March 13, 2015/ PRNewswire/-- Monmouth Real Estate Investment Corporation today announced the acquisition of a brand new 232,200 square foot built-to-suit industrial building located at 201 Exploration Drive, Monroe, Ohio at a purchase price of $13,416,000. The property is net-leased for 15 years to UGN, Inc., an Illinois corporation.