Plymouth Industrial REIT to be Acquired by Makarora for $2.1B

Fried Frank is advising J.P. Morgan Securities LLC as financial advisor to Plymouth Industrial REIT, Inc. on its agreement to be acquired by entities affiliated with investment management firm Makarora Management LP, along with Ares Alternative Credit funds, in an all-cash transaction valued at approximately $2.1 billion. Plymouth is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. The transaction is expected to close in early 2026. Read Plymouth's press release for more details about transaction.

The Fried Frank team is led by partners Philip Richter and Roy Tannenbaum and includes corporate associates Ryan T. Fung and Madeleine Teele.

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