Plymouth Industrial: An Interesting Industrial REIT

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 ...