Plymouth Industrial REIT, Inc. (PLYM) News
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Latest PLYM News From Around the Web
Below are the latest news stories about PLYMOUTH INDUSTRIAL REIT INC that investors may wish to consider to help them evaluate PLYM as an investment opportunity.
Plymouth Industrial REIT Reports Third Quarter ResultsBOSTON, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the third quarter ended September 30, 2023 and other recent developments. Third Quarter and Subsequent Highlights Reported results for the third quarter of 2023 reflect net income attributable to common stockholders of $0.17 per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders (“Core FFO”) of |
Why These 3 REITs Are Too Risky to HoldWith most REITs wading through choppy waters right now, savvy investors know its time to jump ship on these three before they sink. |
Plymouth Industrial REIT Provides Activity Update for Third Quarter 2023Announces Details for Third Quarter Earnings Conference CallBOSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced its leasing and development activity for the third quarter of 2023. The Company also announced details for its third quarter earnings conference call and webcast to be held on November 2, 2023. Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, “The fundamentals within our markets provide a continued tailwind to our st |
Plymouth (PLYM) Sells Asset to Up Flexibility & Fund DevelopmentPlymouth's (PLYM) recent sale of a Chicago industrial building is a strategic step toward optimizing its portfolio. |
Bedford Park industrial building sells to user for nearly $20 millionThe nearly 307,000-square-foot property was sold to its owner-user. The building was leased to DesignPac in the second quarter of 2022. |
Plymouth Industrial REIT Sells Chicago Industrial Building for $19.9 MillionBOSTON, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) sold its 306,552-square-foot industrial building at 6510 West 73rd Street in Chicago for $19.9 million to an undisclosed owner-user. Plymouth’s net proceeds after the payoff of a $5.8 million mortgage secured by the property and other adjustments are $13.9 million. The Company intends to use the proceeds to pay down outstanding borrowings on its credit facility and fund its development program. Jeff Witherell, |
Plymouth Industrial REIT Declares Dividend for the Third Quarter of 2023BOSTON, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.225 per share of common stock for the third quarter of 2023. The dividend, which equates to an annualized rate of $0.90 per common share, is payable on October 31, 2023, to stockholders of record as of the close of business on September 29, 2023. About Plymouth Plymouth Industrial REIT, Inc. (NYSE: |
Plymouth Industrial REIT Completes Redemption of Series A Preferred StockBOSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) today announced that it completed its previously announced redemption of all of its outstanding 7.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) for a total redemption payment of $48.8 million. In connection with the redemption, the shares of Series A Preferred Stock ceased trading on the NYSE American exchange and were delisted effective at the close of market today. About |
Plymouth Industrial REIT Reports Second Quarter ResultsBOSTON, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced its financial results for the second quarter ended June 30, 2023 and other recent developments. Second Quarter and Subsequent Highlights Reported results for the second quarter of 2023 reflect a net loss attributable to common stockholders of $(0.08) per weighted average common share; Core Funds from Operations attributable to common stockholders and unit holders (“Core FFO”) of |
Plymouth Industrial REIT Announces Redemption of Series A Preferred StockBOSTON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) today announced that, on September 6, 2023, it will redeem all of its outstanding 7.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) for a total redemption payment of $48.8 million. The dividend rate of the securities to be redeemed is 7.50%. The shares of Series A Preferred Stock are currently traded on the NYSE American exchange under the symbol “PLYM-PrA” (CUSIP No. 7296402 |