Plymouth Industrial REIT Announces Strategic Partnership with Sixth Street
Plymouth Industrial REIT, Inc. (PLYM)
NASDAQ:AMEX Investor Relations:
ir.plymouthreit.com
Company Research
Source: GlobeNewswire
Highlights: The transaction provides Plymouth with approximately $500 million of capital to pursue acquisitionsSixth Street intends to be a strategic partner in pursuing additional joint venture opportunities with Plymouth in both new and existing industrial marketsSixth Street to provide a total of $250 million of capital in the form of a 65% joint venture ownership of Plymouth’s Chicago portfolio and a non-convertible preferred equity investment into the Operating PartnershipPlymouth will contribute its Chicago-area properties to the joint venture with Sixth Street at a 6.2% capitalization rate for a total gross asset value of approximately $356 million and will retain 35% ownership of the approximately 5.9 million-square-foot portfolioThe transaction is leverage-neutral with overall leverage expected to decline sequentially in the fourth quarter after closing of the joint venture and remain in line with Plymouth’s stated leverage targets for 2024Plymouth affirmed its previously is
Show less
Read more
Impact Snapshot
Event Time:
PLYM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLYM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLYM alerts
High impacting Plymouth Industrial REIT, Inc. news events
Weekly update
A roundup of the hottest topics
PLYM
News
- Plymouth Industrial REIT, Inc. (NYSE: PLYM) had its price target lowered by analysts at Barclays PLC from $25.00 to $22.00. They now have an "equal weight" rating on the stock.MarketBeat
- AIP Realty Trust Announces Securities Purchase Agreement to Acquire AllTrades Industrial Properties, LLC and Closing of Investment by Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc. [Yahoo! Finance]Yahoo! Finance
- AIP Realty Trust Announces Securities Purchase Agreement to Acquire AllTrades Industrial Properties, LLC and Closing of Investment by Plymouth Industrial OP, LP, a subsidiary of Plymouth Industrial REIT, Inc.GlobeNewswire
- Plymouth Industrial REIT, Inc. (NYSE: PLYM) had its price target lowered by analysts at Robert W. Baird from $26.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- Plymouth Industrial REIT Inc (PLYM) Q3 2024 Earnings Call Highlights: Strategic Growth Amidst ... [Yahoo! Finance]Yahoo! Finance
PLYM
Earnings
- 11/6/24 - Miss
PLYM
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- PLYM's page on the SEC website