m_and_a
confidence high
sentiment positive
materiality 0.80
Plymouth Industrial REIT signs $193M deal to buy 21-building Ohio portfolio
Plymouth Industrial REIT, Inc.
- Acquiring 21-building industrial portfolio for $193 million; portfolio comprises ~1.95 million rentable square feet.
- Properties located in Cincinnati, Cleveland, and Columbus markets; expected to close by June 18, 2025.
- Earnest money deposit of $3.86 million placed; closing subject to customary conditions.
- Portfolio expands PLYM's Midwest industrial footprint with 21 buildings.
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