Jeff Witherell, CEO of Plymouth Industrial REIT, Inc. (NYSE American: PLYM), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.
Witherell explained how Plymouth continues to efficiently deploy capital and take advantage of accretive acquisition opportunities. He pointed to two equity offerings completed this year “that really expanded our institutional shareholder base.” Plymouth also expanded its credit facility and lowered interest costs by over 50 basis points, he said.
