Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a publicly traded real estate investment trust that acquires, owns and manages industrial real estate assets throughout the United States. The company’s portfolio is concentrated on warehouse, distribution and logistics facilities, with an emphasis on high-quality buildings located in markets that benefit from strong supply-chain demand and favorable demographic trends.
The company’s core activities include strategic property acquisitions, development of build-to-suit industrial facilities and active asset management to enhance operational efficiencies and tenant retention. Plymouth Industrial REIT targets multi-tenant and single-tenant properties that serve a diverse mix of users, including third-party logistics providers, e-commerce distributors and manufacturing companies. Its management team works closely with tenants to implement value-add improvements and sustainable building practices.
Plymouth Industrial REIT’s holdings span a range of U.S. markets, including key coastal hubs and inland distribution corridors. Its properties are positioned to take advantage of major transportation arteries, intermodal centers and labor pools, with investments in primary gateway cities as well as growing secondary and tertiary markets. This geographic diversification seeks to mitigate exposure to any single region while capturing broader trends in industrial real estate demand.
The company completed its initial public offering in October 2023, recapitalizing a portfolio backed by its sponsor, Plymouth Industrial Real Estate Advisors. Headquartered in Bethesda, Maryland, Plymouth Industrial REIT is led by President and Chief Executive Officer Murthy M. Vadde, who brings experience in industrial real estate investment and management. The firm’s advisory board and executive team collectively oversee sourcing, financing and operations to support long-term growth and shareholder value.
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