Plymouth Industrial REIT

Plymouth Industrial REIT, Inc. engages in the acquisition, ownership, and management of single and multi-tenant distribution centers, warehouses, and light industrial properties. It seeks to acquire properties that provide income and growth, and enhance shareholder value through active asset management, prudent property re-positioning, and disciplined capital deployment. The company was founded by Jeffrey E. Witherell and Pendleton P. White, Jr. on March 7, 2011 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Plymouth Industrial REIT reports robust Q4 performance amidst market challenges

Plymouth Industrial REIT's Q4 2022 performance reflects strong leasing activity, financial growth, and strategic initiatives to optimize its real estate portfolio.
While facing challenges like OpEx increases and market uncertainties, the company remains focused on capitalizing on opportunities in reshoring, development projects, and strategic partnerships.
With a cautious yet optimistic outlook for 2023, Plymouth Industrial REIT aims to leverage its strengths in portfolio management and deal-making to drive continued success.

Plymouth Industrial REIT (PLYM) excels in Q1 2023 performance and strategic growth initiatives

PLYM's Q1 2023 performance reflects robust growth in same-store NOI, successful leasing initiatives, and strategic development progress in key markets.
The company's focus on improving capital structure, effective leasing management, and proactive approach to real estate development highlight its resilience and growth potential.
While challenges in maintaining leasing activity and optimizing financial strategies exist, PLYM is well-positioned to capitalize on opportunities in the industrial real estate sector.

Plymouth Industrial REIT reports robust Q2 performance and ESG commitment

Plymouth Industrial REIT's Q2 2023 performance reflects positive organic growth and strong leasing fundamentals. With a focus on improving capital structure, publishing its first ESG report, and affirming core FFO guidance, the company is poised for continued growth and sustainability.

Plymouth Industrial REIT reports robust Q3 performance and growth prospects

Plymouth Industrial REIT demonstrated strong financial performance with revenue growth and stable core FFO.
The company's proactive approach to capital structure, portfolio management, and tenant relationships underpin its financial stability.
While challenges exist in optimizing property transactions and debt reduction, opportunities for growth through acquisitions and revenue expansion are evident.

Plymouth Industrial REIT reports robust Q4 performance and plans for growth

Plymouth Industrial REIT's Q4 2023 showcased strong financial performance and strategic decisions to drive future growth. With a focus on operational improvements and leasing activities, the company aims for a positive trajectory in 2024. Management's emphasis on balance sheet strength and dividend increase reflects confidence in their strategic direction.

Plymouth Industrial REIT excels in Q1 2024 with strategic investments and lease extensions

Plymouth Industrial REIT's Q1 2024 performance reflects a proactive and strategic approach to portfolio management and growth.
Successful lease extensions with key tenants and early transaction market activity underscore the company's stability and agility in a competitive market.
Challenges such as potential tenant transitions and upcoming lease expirations require effective management strategies and proactive solutions for sustained growth.

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Plymouth Industrial REIT is a well-diversified industrial REIT with strong portfolio fundamentals. Near-term growth could be tempered by real estate market volatility, but the long-term outlook remains favorable for PLYM.

Plymouth Industrial: A Rock Solid REIT With Double-Digit Rent Growth

Plymouth Industrial REIT, Inc. (NYSE:PLYM ) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Jeff Witherell - Chairman and CEO Pen White - President and CIO Jim Connolly - EVP, Asset Management Anthony Saladino - EVP and CFO Conference Call Participants John Kim - BMO Capital Markets Dave Rodgers - Baird Todd Thomas - KeyBanc Capital Markets Mitch Germain - JMP Securities Anthony Hau - Truist Operator Good morning and welcome to the Plymouth Industrial REIT Third Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Plymouth Industrial REIT, Inc. (PLYM) Q3 2022 Earnings Call Transcript

Plymouth Industrial (PLYM) delivered FFO and revenue surprises of 6.98% and 2.71%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Plymouth Industrial (PLYM) Q3 FFO and Revenues Top Estimates

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BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Provides Activity Update for Third Quarter 2022

Plymouth Industrial REIT Provides Activity Update for Third Quarter 2022

BOSTON--(BUSINESS WIRE)--Plymouth REIT Declares Dividend for the Third Quarter of 2022

Plymouth Industrial REIT Declares Dividend for the Third Quarter of 2022

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BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares Third Quarter 2022 Preferred Stock Dividend

Plymouth Industrial REIT Declares Third Quarter 2022 Preferred Stock Dividend

Plymouth is highly discounted to the value of its underlying assets. Class B assets are not necessarily worse than class A and may perform better as class A supply comes in.

Plymouth Industrial REIT: Half The Price Of Its Peers With Similar Growth

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BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Makes Early Improvement to Balance Sheet with Conversion of Remaining Series B Preferred Stock

Plymouth Industrial REIT Makes Early Improvement to Balance Sheet with Conversion of Remaining Series B Preferred Stock

This industrial REIT has notable advantages that make it stand out from its peers.

3 Words That Could Completely Change Your Opinion of Plymouth Industrial REIT

Toronto, Ontario--(Newsfile Corp. - August 11, 2022) - Canadian Manganese Company Inc. (NEO: CDMN) ("CDMN" or the "Company") is pleased to provide the final drilling results from the recent core drilling program (see December 7, 2021 and May 10, 2022 news releases) carried out at its wholly owned Plymouth manganese-iron deposit (Plymouth Deposit), located near the town of Woodstock, in New Brunswick, Canada.

Canadian Manganese - Final Plymouth Deposit In-Fill Drilling Results and Initial Hartford Area Program

Plymouth Industrial is a smaller REIT in the Industrials sector that has a strong presence in "The Golden Triangle" region of the U.S, an area with critical strategic value. The company's portfolio is 97.3% occupied with a nearly 100% collection rate from a diverse group of reliable tenants, one of which includes the FedEx Corporation.

Plymouth Industrial: A Value REIT In The Industrials Sector

Plymouth Industrial REIT, Inc. (NYSE:PLYM ) Q2 2022 Earnings Conference Call August 3, 2022 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Jeff Witherell - Chairman & Chief Executive Officer Pen White - President & Chief Investment Officer Jim Connolly - Executive Vice President, Asset Management Anthony Saladino - Executive Vice President & Chief Financial Officer Anne Hayward - General Counsel Conference Call Participants Todd Thomas - KeyBanc Capital Markets Bryan Maher - B. Riley FBR Dave Rodgers - Baird Barry Oxford - Colliers John Kim - BMO Capital Markets Anthony Hau - Truist Connor Siversky - Berenberg Operator Hello, and welcome to the Plymouth Industrial REIT Second Quarter 2022 Conference Call.

Plymouth Industrial REIT, Inc. (PLYM) CEO Jeff Witherell on Q2 2022 Results - Earnings Call Transcript

Plymouth Industrial (PLYM) delivered FFO and revenue surprises of 4.44% and 0.75%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Plymouth Industrial (PLYM) Beats Q2 FFO and Revenue Estimates

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BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Provides Acquisition and Leasing Activity Update for Second Quarter 2022

Plymouth Industrial REIT Provides Acquisition and Leasing Activity Update for Second Quarter 2022

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BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares Dividend for the Second Quarter of 2022

Plymouth Industrial REIT Declares Dividend for the Second Quarter of 2022

BOSTON--(BUSINESS WIRE)--Plymouth Industrial REIT Declares Second Quarter 2022 Preferred Stock Dividend

Plymouth Industrial REIT Declares Second Quarter 2022 Preferred Stock Dividend

PLYM is the deep value play of the industrial sector. Some accounting timings will cause volatility of earnings in the near term.

As Overhang Is Removed, Plymouth's True Value Is Revealed

News for Plymouth Industrial REIT Stock (PLYM)