Plymouth Industrial REIT Stock Soars on Acquisition Proposal; Plymouth, MA Bridge Repairs Conclude

August 19, 2025

Plymouth, MA – Plymouth Industrial REIT, Inc. (NYSE: PLYM) saw its shares rise 36.61% in pre-market trading today. This surge followed news of an unsolicited, non-binding cash offer. Sixth Street Partners, LLC owns about 9.99% of Plymouth’s common stock. They want to buy all outstanding shares for $24.10 each. The Schedule 13D filing showed Sixth Street’s stake. It also noted that key investor Isosceles Investments acquired $140 million in Series C preferred units and warrants. Plymouth’s board is working with KeyBanc Capital Markets and Morrison & Foerster LLP. They will look at the proposal and protect the interests of shareholders.

In Plymouth, Massachusetts, the Massachusetts Department of Transportation completed overnight repairs on the Jordan Road bridge. This bridge crosses Route 3 in both directions. Crews worked on concrete patching and steel bearing replacement from 9 p.m. to 5 a.m. on August 17-19. They made sure at least one travel lane stayed open, keeping morning commutes smooth. Police managed traffic, and by early Wednesday morning, all lanes were back open.

• 36.61% pre-market surge following preferred unit acquisition and warrants purchase. MassDOT bridge repairs on Jordan Road over Route 3 completed August 19, 2025. Unsolicited, non-binding proposal from Sixth Street Partners at $24.10 per share.