Plymouth Industrial REIT Announces Strategic Partnership with Sixth Street

Highlights: The transaction provides Plymouth with approximately $500 million of capital to pursue acquisitions Sixth Street intends to be a strategic partner in pursuing additional joint venture opportunities with Plymouth in both new and existing industrial markets Sixth Street to provide a total of $250 million of capital in the form of a 65% joint venture ownership of Plymouth's Chicago portfolio and a non-convertible preferred equity investment into the Operating Partnership Plymouth will contribute it ...