Plymouth Industrial REIT Provides Activity Update for First Quarter 2024
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KeyBanc on Plymouth Industrial REIT (PLYM) Activity Report: 'demonstrates continued progress on leasing and development initiatives'
April 2, 2024 9:47 AM EDTKeyBanc analyst Craig Mailman reiterated an Overweight rating and $25.00 price target on Plymouth Industrial REIT (NYSE: PLYM)
The analyst comments "PLYM reported a 1Q24 activity update this morning that demonstrates continued progress on leasing and development initiatives. Leasing was steady in the quarter, with an incremental 10.5% of 2024 expirations addressed since February 19th alongside a 60 bps improvement on expected rent change (to 16.3%) related to 2024 commencements. Same store... More
