Plymouth Industrial Shows Resilient Growth & Strategic Focus in Q4

Plymouth Industrial REIT, Inc. (PLYM) recently announced its activity update for the fourth quarter of 2024, highlighting strong rental growth, strategic portfolio expansion and closing of the Sixth Street Joint Venture.Plymouth’s Leasing and Portfolio PerformancePlymouth’s leasing activity during the fourth quarter totaled 1,467,245 square feet, comprising 1,042,732 square feet of renewal leases and 424,513 square feet of new leases. Rental rates soared, with a 19.5% increase on a cash basis, showcasing th ...