Blackwells Files Preliminary Proxy Statement Nominating Four New Directors for Election at Monmouth’s 2021 Annual Meeting

NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) — Blackwells Capital LLC, an alternative investment management firm that together with its affiliates (collectively, “Blackwells”) owns more than 4% of the outstanding shares of common stock of Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”), today announced that it has filed preliminary proxy materials with the Securities and Exchange Commission (the “SEC”) in connection with Monmouth’s 2021 Annual Meeting of Stockholders (the “Annual Meeting”).