Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, “Our second quarter activity demonstrates the continued success of our strategy to redeploy capital into accretive opportunities while driving strong leasing momentum across the portfolio. We expect recent acquisitions to provide immediate scale in key markets at attractive yields, with embedded upside as we address below-market leases over the next several years. Our vertically integrated platform remains a key driver of performance, supporting consistent execution and long-term value creation for our shareholders.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLYM:
- Plymouth Industrial REIT buys industrial properties portfolio in Ohio for $193M
- Plymouth Industrial REIT Completes Major Property Acquisition
- Plymouth Industrial REIT Holds 2025 Annual Stockholders Meeting
- Plymouth Industrial REIT to Acquire Ohio Property Portfolio
- Plymouth Industrial REIT acquires warehouse facility in Georgia for $11.7M
