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Plymouth Industrial REIT Expands Portfolio in Atlanta and Cincinnati
PLYMPlymouth Industrial REIT(PLYM) GlobeNewswire·2025-03-20 19:00

Closed on 65.1MillionofAcquisitionsduringtheFirstQuarterof2025BOSTON,March20,2025(GLOBENEWSWIRE)PlymouthIndustrialREIT,Inc.(NYSE:PLYM)(theCompany)todayannouncedithasacquiredthesecondtrancheofthepreviouslyannouncedCincinnatismallbayindustrialportfolioconsistingoffourbuildingstotaling240,578squarefeetfor65.1 Million of Acquisitions during the First Quarter of 2025BOSTON, March 20, 2025 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced it has acquired the second tranche of the previously announced Cincinnati small bay industrial portfolio consisting of four buildings totaling 240,578 square feet for 17.9 million, representing an initial estimated net operating income (“NOI”) yield of 7.0%. The portfolio is 100% leased to ten tenants, with a weighted ...