Plymouth Industrial REIT Stockholders Approve Acquisition by Makarora Management LP and Ares Alternative Credit Funds.

Plymouth Industrial REIT's stockholders have approved the all-cash acquisition by Makarora Management LP and Ares Alternative Credit funds. The deal is valued at approximately $2.1 billion, including debt assumption. Completion is expected on January 27, 2026, subject to customary closing conditions. The merger agreement was signed on October 24, 2025.