Plymouth Industrial Secures Lease in St. Louis, Sees Rent Growth
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Plymouth Industrial REIT (PLYM) has secured a two-year lease with a major international enterprise for an industrial building in St. Louis, indicating continued leasing momentum and potential rent growth.
January 24, 2025 | 3:00 pm
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Plymouth Industrial REIT has secured a two-year lease with a major international enterprise in St. Louis, which suggests continued leasing momentum and potential rent growth.
The new lease with a major international enterprise suggests strong demand for Plymouth Industrial's properties, which could lead to increased rental income and support stock price appreciation. The short-term impact is likely positive as it reflects successful leasing activity.
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