Plymouth (NYSE:PLYM) stock was surging after the industrial REIT announced the receipt of an unsolicited, non-binding ...

Plymouth Industrial REIT PLYM recently announced that it has received an unsolicited, non-binding proposal from Sixth Street ...

The San Francisco-based private fund manager already has a 10% stake in the Boston REIT and proposed to buy the rest of the ...

Sixth Street, which already owns nearly 10% of Plymouth, is offering to buy the rest of the Boston company for $24.10 a share in cash, a nearly 65% premium to Monday's closing price of $14.64 for ...

Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company” or “Plymouth”) today announced that it has received an unsolicited, non-binding proposal from Sixth Street Partners, LLC (“Sixth Street”), to ...

Plymouth will contribute its Chicago portfolio consisting of 34 wholly-owned properties to the JV with Sixth Street. It will be contributed at a 6.2% capitalization rate for approximately $356 ...

Plymouth said it will contribute its Chicago-area properties to the joint venture with Sixth Street at a 6.2 percent capitalization rate for a total gross asset value of around $356 million.

“We are excited to enter into this partnership with Sixth Street and grow the platform for the benefit of all shareholders,” said Jeff Witherell, Co-Founder, Chairman and Chief ...

San Francisco-based Sixth Street will put in $116 million for a 65 percent stake in Boston-based Plymouth’s Chicago-area holdings, comprising 34 properties totaling 5.9 million square feet.

Per Jeff Witherell, co-founder, chairman and CEO of Plymouth, “By teaming up with Sixth Street, we are able to access a significant amount of capital to fuel accretive growth while keeping us ...

BOSTON, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company”) today announced a strategic agreement with Sixth Street, a leading global investment firm, for ...