Jeffrey E. Witherell is the CEO and Chairman of Plymouth Industrial REIT, where he has been a key player since its founding in 2011. With over 25 years of experience in real estate investment and development, he has seen the...
Jeffrey E. Witherell is the CEO and Chairman of Plymouth Industrial REIT, where he has been a key player since its founding in 2011. With over 25 years of experience in real estate investment and development, he has seen the industry evolve and adapted accordingly. He graduated with a degree in finance, which laid a strong foundation for his career. Under his leadership, Plymouth Industrial REIT has significantly expanded its portfolio. For example, the company acquired 24 properties in 2021 alone, adding more than 6.4 million square feet to its operations. Before founding Plymouth, Witherell worked at Franklin Street Properties, helping to raise about $1.2 billion for various real estate investments. He has a hands-on approach, directly overseeing acquisitions and management, which reflects in the company's strength in occupancy rates. His compensation is performance-based, aligning his goals with the company’s success, having earned around $2.27 million in total compensation in 2022. His ability to lead during uncertain times in the market showcases a skill set that is both strategic and adaptable, demonstrating that understanding the market and making informed decisions are key to effective leadership in real estate.