Plymouth Industrial REIT files financials for $193M acquisition of 21 Ohio industrial properties (2.0M sf)

Plymouth Industrial REIT, Inc.

Acquired 21-building industrial portfolio in Columbus, Cleveland, and Cincinnati for $193M on June 18, 2025.
Ohio Properties 2024 revenue $17.6M; revenue in excess of certain operating expenses $11.7M. Q1 2025 revenue $4.5M; excess $3.0M.
Pro forma for 2024: net income attributable to common stockholders $129.7M ($2.88/share) vs. actual $137.9M ($3.06/share).
Pro forma for Q1 2025: net income attributable to common stockholders $3.5M ($0.08/share) vs. actual $5.8M ($0.13/share).
Future minimum rents on Ohio Properties total $49.1M as of Dec 31, 2024.

item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.