Plymouth Industrial REIT invests snags $75 mln from Madison

Madison International Realty Holdings has invested $75 million in Plymouth Industrial REIT Inc, a real estate investment trust focused on the acquisition and operation of single and multi-tenant industrial properties located in secondary and select primary markets. In conjunction with the investment, Plymouth has acquired a 20-building, 1.1 million-square-foot light industrial and flex portfolio in Jacksonville, Florida for $97.1 million. Sandler O’Neill + Partners advised Plymouth on the investment.

17 December 2018•5 mins read
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