Equity Research Analysis: Plymouth Industrial REIT, Inc. (PLYM)
|Blank Capital Research Unit|Spot: $21.98
Price$21.98
Composite Score45.6/100
RatingREDUCE (2★)
Rank#2704 OF 7,333
Market Cap$995M
Intelligence Feed
BenzingaJan 27 Negative
Makarora Completes Acquisition of Plymouth Industrial REIT for $2.1 Billion
Makarora Management LP, together with Ares Alternative Credit funds, has completed the acquisition of Plymouth Industrial REIT in an all-cash transaction valued at $2.1 billion. Plymouth shareholders received $22.00 per share in cash, and the company will no longer be traded on public securities exchanges.
yahooJan 26 Positive
Plymouth Industrial Announces Acquisition Approval by Stockholders
PLYM stockholders approve a $2.1B all-cash buyout by Makarora and Ares, paving the way for a Jan. 27 close and taking the REIT private.
BenzingaJan 22 Neutral
Plymouth Industrial REIT Stockholders Approve Acquisition by Makarora
Plymouth Industrial REIT (NYSE:PLYM) stockholders have approved an all-cash acquisition by Makarora Management LP and Ares Alternative Credit funds at $22.00 per share, valuing the transaction at approximately $2.1 billion including debt assumption. The acquisition is expected to close on or about January 27, 2026.
BenzingaJun 23 Neutral
Plymouth Announces Strategic Acquisition of a 1.95-million-square-foot Ohio Industrial Portfolio
Plymouth Industrial REIT has acquired a 1.95-million-square-foot portfolio of industrial properties in Ohio for $193 million. The portfolio is 97% leased and offers significant upside potential upon lease rollover.
BenzingaMay 28 Neutral
Plymouth Industrial REIT Expands Portfolio in Atlanta
Plymouth Industrial REIT (PLYM) has acquired a 100,420-square-foot single-tenant warehouse facility in southwest Atlanta, GA for $11.7 million, representing an initial net operating income yield of 6.95%. The acquisition complements the company's existing portfolio in the Atlanta market.