At Plymouth Industrial REIT, Jeffrey E. Witherell has made a name for himself by navigating the complex world of real estate investment. His most notable holdings include a rapid expansion of the company's portfolio from 2017 to 2021 where they...
At Plymouth Industrial REIT, Jeffrey E. Witherell has made a name for himself by navigating the complex world of real estate investment. His most notable holdings include a rapid expansion of the company's portfolio from 2017 to 2021 where they acquired 143 buildings totaling about 25.7 million square feet. This aggressive growth approach is reflected in the company's strong performance metrics; for example, by 2021 they maintained an impressive 99.9% rent collection rate, showing the effectiveness of their strategies. The fluctuations in his personal wealth are tied closely to the stock performance of Plymouth, where he has seen a substantial increase in equity value through his role in the company. His holdings spiked during the company’s initial public offering phase and have seen steady growth, demonstrating his belief in the company’s mission and direction, indicating a strong alignment with shareholder interests. Overall, Witherell's commitment to the firm's expansion and success is evident in both his holdings and the company’s market performance.