Plymouth Industrial REIT Provides Activity Update for First Quarter 2024
Plymouth Industrial REIT, Inc. (PLYM)
NASDAQ:AMEX Investor Relations:
ir.plymouthreit.com
Company Research
Source: GlobeNewswire
BOSTON, April 02, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced its leasing and development activity for the first quarter of 2024. The Company also announced details for its first quarter earnings conference call and webcast to be held on May 2, 2024. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, “We continue to make progress on our 2024 leasing opportunities with a 17.1% increase on a cash basis for the quarter, nearly 56% of our 2024 expirations already addressed and our development program now 93% leased.” Leasing ActivityLeases commencing during the first quarter ended March 31, 2024 totaled an aggregate of 1,387,977 square feet, all of which are associated with terms of at least six months. The Company will experience a 17.1% increase in rental rates on a cash basis from these leases. These leases included 928,217 square feet of renewal leases and 459,760 square feet of new leases. Total portfolio occupancy at Mar
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News
- 3 Industrial REITs With Yields Up to 4.8% and Track Records of Dividend Growth [Yahoo! Finance]Yahoo! Finance
- The Game-Changing Power Of Building Your Strengths [Forbes]Forbes
- Plymouth (PLYM) Drives Growth With Solid Leasing Activity in Q1 [Yahoo! Finance]Yahoo! Finance
- Plymouth Industrial REIT Provides Activity Update for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Plymouth Industrial REIT, Inc. (NYSE: PLYM) is now covered by analysts at Barclays PLC. They set an "equal weight" rating and a $22.00 price target on the stock.MarketBeat
PLYM
Earnings
- 2/21/24 - In-Line
PLYM
Sec Filings
- 4/29/24 - Form 3
- 4/29/24 - Form DEF
- 4/24/24 - Form 4
- PLYM's page on the SEC website