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Plymouth (PLYM) Boosts Growth With Solid Leasing Activity in Q2
ZACKS· 2024-07-09 15:55
Executed leases scheduled to commence during 2024, inclusive of activity through the second quarter, aggregated to 4,654,825 square feet. All of these leases are associated with a period of at least six months. Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs. Shares of Plymouth, currently carrying a Zacks Rank #3 (Hold), have risen 3.1% in the past month compared with the industry's increase of 1.7%. ...
Plymouth Industrial REIT Provides Activity Update for Second Quarter 2024
Newsfilter· 2024-07-08 11:00
Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, "Leasing is an important component of our organic growth, and we have continued to execute on our opportunities for both 2024 and 2025. We have addressed many of our top 10 renewals coming up over the next couple of years, have strong prospects on our largest opportunity and expect to bring our development program to 100% leased." Executed leases scheduled to commence during 2024, which includes activity through the second quarter, t ...
Plymouth Industrial REIT Provides Activity Update for Second Quarter 2024
GlobeNewswire News Room· 2024-07-08 11:00
BOSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced its leasing and development activity for the second quarter of 2024. The Company also announced details for its second quarter earnings conference call and webcast to be held on August 1, 2024. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, "Leasing is an important component of our organic growth, and we have continued to execute on our opportunities for both 2024 and 2025. We have add ...
Plymouth Industrial REIT Declares Dividend for the Second Quarter of 2024
Newsfilter· 2024-06-14 11:00
BOSTON, June 14, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the "Company") today announced that its board of directors has declared a regular quarterly cash dividend of $0.24 per share of common stock for the second quarter of 2024. The dividend, which equates to an annualized rate of $0.96 per common share, is payable on July 31, 2024, to stockholders of record as of the close of business on June 28, 2024. Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically ...
Plymouth Industrial REIT Declares Dividend for the Second Quarter of 2024
GlobeNewswire News Room· 2024-06-14 11:00
Plymouth Industrial REIT, Inc. (NYSE: PLYM) 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. About Plymouth BOSTON, June 14, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the "Company") today announced that its board of directors has declared a regular quarterly ...
Plymouth Industrial REIT to Present at Nareit's REITweek 2024
globenewswire.com· 2024-05-29 11:00
BOSTON, May 29, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced it will make a presentation at Nareit's REITweek 2024 Investor Conference on Wednesday, June 5, 2024 from 11:00 a.m. to 11:30 a.m. ET. The presentation will be webcast and available on Plymouth's investor relations website. About Plymouth Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single ...
Plymouth Industrial: An Interesting Industrial REIT
seekingalpha.com· 2024-05-24 20:31
Kwarkot Plymouth Industrial REIT, Inc. (NYSE:PLYM) is an under-covered and somewhat smaller industrial and logistics real estate investment trust, or REIT. The company has seen rapid growth, financed by continued share price dilution, as results on a per-share basis have been quite mixed. While the portfolio is well located and obtains decent cash yields, I am a bit cautious here given the lack of historic performance, leverage employed and cyclicality of the portfolio, although all these items reveal poten ...
Plymouth Industrial REIT(PLYM) - 2024 Q1 - Quarterly Results
2024-05-03 20:15
Plymouth Industrial REIT First Quarter 2024 Earnings Call May 2, 2024, at 9:00 a.m. Eastern CORPORATE PARTICIPANTS Tripp Sullivan – Investor Relations, SCR Partners Jeff Witherell – Chairman and Chief Executive Officer Anthony Saladino – Executive Vice President and Chief Financial Officer Jim Connolly – Executive Vice President, Asset Management Plymouth Industrial REIT May 2, 2024, at 9:00 a.m. Eastern 1 PRESENTATION Operator Good morning and welcome to the Plymouth Industrial REIT First Quarter 2024 Earn ...
Plymouth Industrial REIT(PLYM) - 2024 Q1 - Earnings Call Transcript
2024-05-03 02:01
Tripp Sullivan - SCR Partners LLC Jeff Witherell - Chairman and Chief Executive Officer Jim Connolly - Executive Vice President, Asset Management Operator Tripp Sullivan I would like to point everyone to our forward-looking statements on Page 1 of our supplemental presentation and encourage you to read them carefully. They apply to statements made in this call, our press release, our prepared commentary and in our supplemental financial information. Thanks, Tripp. Good morning and thank you for joining us t ...
Plymouth Industrial REIT(PLYM) - 2024 Q1 - Quarterly Report
2024-05-01 20:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarter Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From _______to ________ Commission File Number: 001-38106 PLYMOUTH INDUSTRIAL REIT, INC. (Exact name of registrant as specified in its charter) Maryland 27-5466153 (State o ...