Plymouth Industrial REIT is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.

THE PLYMOUTH INDUSTRIAL REIT STORY

158


Properties

35


Million Square Feet

224


Buildings

$157M


Total Annualized Base Rent

97.5%


Same-Store Occupancy

3.3


WA Lease Term Remaining (yrs.)

THE GOLDEN TRIANGLE


The Golden Triangle region has become the epicenter for logistics infrastructure, as the strongest e-commerce, parcel delivery, logistics, and retail firms continue to expand throughout the region (Source: CCIM Institute)

LATEST NEWS


November 6, 2024

Third Quarter 2024 Results

We are very focused on our remaining leasing opportunities for 2024 and ensuring that we deliver on organic growth in 2025. The one-time impact from two tenants we were forced to evict weighed heavily on same-store NOI, occupancy and earnings this quarter. With remediation and leasing plans in place on these assets, along with 76% of our 2024 lease expirations and 43% of our 2025 expirations already addressed, we expect to exit 2024 with the right velocity.

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August 27, 2024

Strategic Partnership with Sixth Street

We are excited to enter into this partnership with Sixth Street and grow the platform for the benefit of all shareholders. By teaming up with Sixth Street, we are able to access a significant amount of capital to fuel accretive growth while keeping us within our stated leverage boundaries for 2024. With this investment, we are well positioned for the balance of 2024 and 2025 as we face an evolving market with increasingly interesting opportunities.

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